Lawyer Profile Detail
University of British Columbia
British Columbia, 1981
Chris Falk* is counsel the Vancouver office practising in the Tax Group.
Chris' practice involves income tax matters principally in the corporate commercial area. He represents clients in respect of tax planning regarding corporate reorganizations and other commercial transactions, tax aspects of securities transactions, outstanding and proposed assessments, and other tax-related matters.
Chris appears in the current edition of The Best Lawyers in Canada in the area of tax law. He is also been recognized in the Canadian Legal Lexpert Directory, a guide to the leading law firms and practitioners in Canada, as a leading lawyer in the area of corporate tax.
Chris received his B.Sc. (Honours Mathematics) in 1977 and his LLB in 1980 from the University of British Columbia. He was called to the bar in 1981 and has restricted his practice to income tax matters since that time.
Chris has lectured and written extensively on income tax matters. He is co-editor of Focus on Current Cases in Tax Topics, published by CCH, former editor of the "Tax Considerations" chapter of British Columbia Real Estate Practice Manual, published by The Continuing Legal Education Society of British Columbia, co-author of Carswell’s Depreciable Property Guide, and former co-editor of the Business Vehicles Series, published by Federated Press.
Chris is a member of the International Fiscal Association, the Canadian Tax Foundation and the Society of Trusts and Estates Practitioners, and is a past Chairman of the Society of Trusts and Estates Practitioners (Vancouver Branch).
Chris has either authored or co-authored the following:
- "Interest Deductibility - Has the bar been raised for share purchases? - Part I," (May 1, 2014) 2199 Tax Topics (CCH - Lead Article) 1-6 and "Interest Deductibility - Has the bar been raised for share purchases? - Part II," (May 8, 2014) 2200 Tax Topics (CCH - Lead Article) 1-4
- "If there Always Certainty for Tax Basis? - Limitations on Costs and Expenditures Pursuant to Sections 143.3 and 143.4" - 66th Annual Tax Conference - Canadian Tax Foundation: Vancouver, British Columbia (November 30, 2014 - December 2, 2014)
- "Federal Court of Appeal Strikes Down Inter Vivos Surplus Strip," (May 23, 2013) 2150 Tax Topics (CCH – Lead Article) 1-9
- "BUDGET 2013: A Response to Sommerer," (May 2013) McCarthy Tétrault International Tax Newsletter (Taxnet Pro’s Corporate Tax Centre)
- "Pipeline Planning: Recent Developments," The 6-Minute Estates Lawyer 2013 (Toronto: Law Society of Upper Canada, 2013)
- "GAAR Trilogy – Federal Court of Appeal Strikes Down Stock Dividend "Value-Shift" Planning," April 18, 2013) 2145 Tax Topics
- "Income Tax Developments in Estate Planning and Administration," 15th Annual Estates and Trusts Summit (Toronto: Law Society of Upper Canada, 2012)
- "Current Issues Forum: Pipeline Planning; Subsection 164(6) Circularity Issue; Eligible Dividend Designations," 2012 Ontario Tax Conference (Ontario: Canadian Tax Foundation, 2012) 1B:1-26
- "FCA Update: Foreign Entity Characterization, Treaty Interpretation and Income Attribution," (September 19, 2012) McCarthy Tétrault International Tax Newsletter (Taxnet Pro’s Corporate Tax Centre)
- "Significant Taxpayer Win – A Useful Precedent for Domestic and International Tax Planners," (August 30, 2012) 2112 Tax Topics (CCH – Lead Article) 1-6 – reprinted in (October 2012) 74 Wealth Management Times (CCH) 1-6
- "Pipeline Planning Alive and Well After All?" (July 5, 2012) 2104 Tax Topics (CCH – Lead Article) 1-8 – reprinted in (August 2012) 47 Small Business Times (CCH) 1-8, and (October 2012) 211 The Estate Planner (CCH) 1-8
- "Is an estate not a trust for all purposes of the Income Tax Act?" (March 8, 2012) 2087 Tax Topics (CCH – Lead Article) 1-5 – reprinted in (April 2012) 207 The Estate Planner (CCH) 1-5
- "Current Issues Forum: Pipeline Planning; Section 159 Clearance Certificates; Charitable Sector; and Non-Profit Organizations," 2011 British Columbia Tax Conference (Vancouver: Canadian Tax Foundation, 2011) 1B:1-61
- "Foreign Entity Characterization, Treaty Interpretation and Income Attribution" (September 12, 2011) McCarthy Tétrault International Tax Newsletter (Taxnet Pro’s Corporate Tax Centre)
- "S 116 Clearance Certificates: Relief for Treaty-Exempt and Treaty-Protected Property", (May 2, 2011) McCarthy Tétrault International Tax Newsletter (TaxnetPro’s Corporate Tax Centre) – reprinted in 15:6 Practical International Tax Strategies (Thomson Reuters) 3-5
* denotes Law Corporation
2017 CANADIAN FEDERAL BUDGET COMMENTARY – TAX INITIATIVES
Economic Action Plan 2015 – The Election Budget
Tax Changes to Non-Profit Organizations Likely
Economic Action Plan 2014 – International Tax Planning Under Continued Assault
Budget 2013: A Response to Sommerer
GAAR Trilogy – Federal Court of Appeal Strikes Down Stock Dividend “Value-Shift” Planning
Economic Action Plan 2013 – Closing More Tax Planning Opportunities
Income Tax Developments in Estate Planning and Administration
Pipeline Planning; Subsection 164(6) Circularity Issue; Eligible Dividend Designations
FCA Update: Foreign Entity Characterization, Treaty Interpretation and Income Attribution
Transactions & Cases
Zymeworks raises US$58.5M in IPO
Chihong Canada Mining acquires remaining 50% interest of Selwyn project for C$50 million
Onni Development completes restructuring of Evelyn Drive Project
Northland Properties purchases Sutton Place Hotels in Vancouver and Edmonton for C$197.5 million
TransLink finalizes Golden Ears Bridge agreement with Golden Crossing Group
City of Vancouver acquires Olympic Village loan from Fortress Credit Co
Innergex Renewable Energy acquires rights in 18 hydro projects in BC
Schmitt Industries Inc. acquires Xtero Datacom Inc.
Rusoro Mining acquires Venezuelan assets of Gold Fields
Liquor Barn Income Fund completes initial public offering and indirectly acquires 58 retail liquor stores