Words and Phrases - "arises"
13 September 2012 Internal T.I. 2012-0442671I7 F - Dédommagement pour la perte de bénéfices
damages received by former employees of insolvent company for cancellation of their life insurance coverage were received in lieu of remuneration for their employment services
|Locations of other summaries||Wordcount|
|Tax Topics - Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) - Subparagraph 6(1)(a)(i)||damages received after 2011 by employees of an insolvent company for cancellation of their medical plan have become taxable||306|
|Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Death Benefit||damages received for loss of life insurance coverage were not rendered a death benefit under the surrogatum principle||303|
|Tax Topics - Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(b)||legal fees paid to recover damages for employer cancellation of insurance coverage, and medical plan, qualified and did not qualify, respectively||337|