Danny Cisterna, Partner, Deloitte & Touche LLP

 

Danny is a Partner in Deloitte’s Toronto Office and is the Service Line Leader for Indirect Taxes in Toronto and South Western Ontario.  He has extensive experience in public accounting and the private sector where he spent four years with a major bank responsible for managing over $100 million of Indirect Taxes.  He has successfully advised and consulted a wide array of clients on Indirect Taxes and specializes in the area of financial services.

Danny has written for and presented at numerous Canadian Institute of Chartered Accountants (CICA) Commodity Tax Symposia on matters relating to Financial Services and Goods and Services Tax (GST).  He was also a co-developer and co-lecturer at the CICA In-Depth In-Residence GST Course Part II.  Recently, he has developed and lectured on the GST and Financial Services Advanced Topic offering by the CICA.  Danny has been a regular presenter to the Canadian Life and Health Insurers Association and the Insurance Bureau of Canada (IBC) on Indirect Tax matters affecting their industries and has presented to members of the Tax Executives Institute and the Canadian Tax Foundation.  Danny is an advisor to the IBC Tax Panel on Indirect Tax matters.  Also, while in industry, Danny was Chair of the 1996/1997 Canadian Bankers Association Commodity Tax Sub-Committee where his main focus was on negotiations between the industry and the federal and provincial governments on the application of Harmonized Sales Tax to Financial Services.  Danny currently is a member of a Technical Advisory Group sanctioned by the OECD with respect to the potential development of international guidelines on the application of value added taxes to cross-border traded services and intangibles.  For the past three years, Danny has been a member and active participant of the newly formed GST Leaders Forum and was the Chair of the inaugural session in 2007.
Most recently, Danny was asked to join an HST working group established by the Investment Funds Institute of Canada to participate in discussions on the impact of HST to the mutual fund industry.