Saturday, November 5, 2011

Are damages awarded by an employer that are as a result of lost wages taxable in canada?

In particular, it was determined that an employer did not pay a worker properly for the last ten years. The employer paid some of the money as retro pay (and thus taxable) but the remainder was paid as a 'damages award'. Is the 'damages award' portion taxable?

No comments:

Post a Comment