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Thread: Redeeming lawful money at a Canadian bank

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  1. #1
    http://www.canlii.org/en/ca/scc/doc/...2FuYWRhAAAAAAE
    A court case about lawful money.
    Kinda interesting that certain types of insurances are exempt from taxation when paid out, while others are taxed. Some in statute are said to be paid in lawful money of canada. I'm wondering if there will be a correlation between the 2 types. I'll have to look into this further...

  2. #2
    Quote Originally Posted by amosfella View Post
    http://www.canlii.org/en/ca/scc/doc/...2FuYWRhAAAAAAE
    A court case about lawful money.
    Kinda interesting that certain types of insurances are exempt from taxation when paid out, while others are taxed. Some in statute are said to be paid in lawful money of canada. I'm wondering if there will be a correlation between the 2 types. I'll have to look into this further...
    Funny for you to mention certain types of insurances are exempt from taxation when paid out.
    http://pros.palmbeachletter.com/1309...PNUP/PPBLPB08/

    770

    Thanks for that court case.

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