Does a lump sum award in a personal injury case have to be discounted as a tax-free lump sum?
British Columbia, Canada
The following excerpt is from Arnold v. Arnold, 2010 BCSC 166 (CanLII):
The plaintiff says that if it was the intent of the judgment to provide that a tax-free lump sum be paid to the plaintiff, the award should not be discounted. That might be the case, for example, if the lump sum was intended to be a retroactive award, as was the case in Kerman v. Kerman, 2008 BCSC 852.
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