Is a non-recurring capital gain included in a calculation of income?

British Columbia, Canada


The following excerpt is from S.L.D. v W.A.D, 2021 BCSC 942 (CanLII):

… However, there are numerous factors that should be taken into account in assessing whether the inclusion of a non-recurring capital gain should be included as a fair determination of income. In Ewing v. Ewing, 2009 ABCA 227, the court observed as follows:

Other Questions


What is the test for a trial judge to include a provision in a judgment that awards a capital sum, calculated on the basis that it will provide income stream? (British Columbia, Canada)
Is corporate income included in income for child support purposes? (British Columbia, Canada)
What is the test for calculating the value of a plaintiff's capacity to earn under a loss of income calculation? (British Columbia, Canada)
Is a father's income from the sale of shares he received as an employee included in his income for child support purposes? (British Columbia, Canada)
Is a self-employed real estate agent who receives income through his Personal Preference Tax Credit (PTC) entitled to income from a spouse's pre-tax income? (British Columbia, Canada)
What is the formula used to calculate the appropriate discount rate for the calculation of the assumed gross investment income? (British Columbia, Canada)
How is child support calculated when the income of a spouse is less than the income required for child support? (British Columbia, Canada)
How to calculate future income loss in the context of loss of income earning capacity? (British Columbia, Canada)
What is the test for calculating capital asset calculations? (British Columbia, Canada)
Is a party’s income for income tax purposes considered income for purposes of determining child support obligations? (British Columbia, Canada)
X



Alexi white


"The most advanced legal research software ever built."

Trusted by top litigators from across North America.