What is the legal test for setting aside an amount that is speculative or contingent on a party’s investment plans?
British Columbia, Canada
The following excerpt is from Schneider v Owers, 2019 BCSC 528 (CanLII):
Although the tax consequences of a party’s future arrangements are speculative or contingent, the court may set aside an amount for a period of time pending satisfactory proof of the tax consequence being incurred: Jaszczewka v. Kostanski, 2016 BCCA 286.
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