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by DavACC
Fri Jan 20, 2012 6:57 am
Forum: Canada / United States Tax & Accounting
Topic: Damages given to a Canadian in UK taxed on return to Canada
Replies: 1
Views: 1612

Damages given to a Canadian in UK taxed on return to Canada

A canadian has been awarded loss of earnings compensation for a road traffic accident which occured in the UK.

Will they be taxed on this sum of money on their return to Canada?

If so, is this the same for all types of damages? pain and suffering, travel, medical treatment etc?