Questions? Call 416-367-4222

Taxpayers who sue for wrongful dismissal, including damages for mental distress and other non-financial matters, should try to ensure that the original statement of claim, and minutes of settlement include a detailed breakdown of the settlement’s components to demonstrate that some of the settlement is not subject to Canadian income tax.

Disclaimer:

"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

Get your CRA tax issue solved


Address: Rotfleisch & Samulovitch P.C.
2822 Danforth Avenue Toronto, Ontario M4C 1M1

Wrongful Dismissal
iphone on top of pink paper with calendar and tax plan
Tax Pipeline Planning: A Canadian Tax Lawyers Guide
Image of business man in suit doing taxes at his desk with a laptop and calculator
The Queen v Paletta – Guidance from a Canadian Tax Lawyer regarding the legal test for business income
Importance of Contracts & Written Agreements in Tax Reporting
Importance of Contracts & Written Agreements in Tax Reporting
Canadian Controlled Private Corporation: Canadian Tax Lawyer Analysis
Canadian Controlled Private Corporation: Canadian Tax Lawyer Analysis
Marginal Tax Rates – A Toronto Tax Lawyer Explanation
taxplaning
Tax Planning in Commercial Litigation
Canada Emergency Wage Subsidy (CEWS) Extension – Tax Lawyer Analysis
Salary Deferral Arrangements – Canadian Income Tax – Toronto Tax Lawyer Guide