Précis: Ms. Gaboury was a Court of Québec judge since 1996. In 2008 she received a retroactive salary payment of $153,375, as well as a sum of $25,473.02 from the government of Québec. She contended that the sum of $25,473.02 was not taxable. The Tax Court disagreed and found that the amount was either in the nature of interest or taxable as interest under the surrogatum principle. The Tax Court also found that the payment was not compensation for a tort. Thus the appeal was dismissed. There was no order as to costs since this was an informal procedure appeal.
Gaboury v. R. - TCC: Interest paid to judge on compensation settlement taxableREAD MORE »