Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.
Principal Issues: Whether an employer can make a payment that would be included in an employee's income under 56(1)(v).
Position: yes
Reasons: See comments in paragraph 4 of IT-202R2
XXXXXXXXXX 2000-003562
July 5, 2000
Dear XXXXXXXXXX:
Re: Disability Payments received from a former Employer -Your 1999 Income Tax Return
Further to our letter of June 26 and our conversation of July 4, I am writing to provide a clarification that you requested.
This will confirm our general view that it is possible for an employee to receive a workers' compensation payment from his or her employer that would be included in income under paragraph 56(1)(v) of the Income Tax Act. This is supported by the comments in paragraph 4 of interpretation bulletin IT-202R2. A copy of the bulletin is enclosed.
Yours truly,
Bryan Dath
Director
Business and Publications Division
Income Tax Rulings Directorate
Policy and Legislation Branch
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