James Hausman Tax Law and Policy Workshop: Amin Mawani

The James Hausman Tax Law and Policy Workshop Series

presents

Amin Mawani
York University Schulich School of Business

Payout Policies of Canadian REITs

Wednesday, October 29, 2014
12:30 - 2:00
Solarium (room FA2), Falconer Hall
84 Queen's Park 

This study examines whether Canadian REITs that distribute relatively more of the tax-favoured returns (i.e., return of capital) do so by offering lower pre-tax returns in an efficient securities market.  In other words, do Canadian REITs that offer significant amounts of tax-favoured return of capital bear an implicit tax in the form of lower pre-tax return? The study also examines whether higher proportions of returns of capital are statistically associated with more volatile distributions, higher growth opportunities, lower agency costs, stronger trust governance and / or higher management ownership of trust units.  

Amin Mawani is an Associate Professor of Taxation at the Schulich School of Business at York University. His research examines the impact of taxation on business and personal financial decisions, as well as the link between executive compensation and executive and firm behaviour such as risk taking or earnings management.  Professor Mawani has an MA in Economics from the University of Toronto, an LL.M (Tax) from York (Osgoode) and a PhD in Taxation from the University of Waterloo's School of Accountancy  He is also a FCPA, FCMA and a Fellow of FPSC.  

A light lunch will be provided.

 For more workshop information, please contact Nadia Gulezko at n.gulezko@utoronto.ca