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.
December 31, 1986 HEAD OFFICE Rulings Directorate B.G. Dodd 957-3494 RE: XXXX
We are writing in reply to your memorandum dated November 28, 1985 concerning the treatment of reimbursements of legal costs in wrongful dismissal cases.
We have now determined that amounts provided to a taxpayer as reimbursement for legal costs in the conduct of an action in wrongful dismissal will not form part of the retiring allowance to the extent such expenses were actually incurred by the taxpayer (nor will such amounts otherwise be included in the taxpayer's income).
This should enable you to reply to the Belleville District Office in connection with the above-noted taxpayer. With respect to your request for a copy of our reply to your previous referral of August 27, 1985 (our file A-1815), we hope to finalize our reply shortly and will, of course, provide you with a copy at that time.
Director Financial Industries Division Rulings Directorate Legislative and Intergovernmental Affairs Branch
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© Her Majesty the Queen in Right of Canada, 1986
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© Sa Majesté la Reine du Chef du Canada, 1986
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