Words and Phrases - "in recognition"

a
89
b
44
c
85
d
56
e
43
f
31
g
20
h
15
i
77
j
2
k
2
l
32
m
57
n
28
o
39
p
81
q
3
r
78
s
95
t
47
u
16
v
10
w
23
y
2

10 May 2012 External T.I. 2012-0435591E5 F - Prestation consécutive au décès

Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Death Benefit
passage of time between end of employment and benefit on death may affect whether it is in “recognition” of employment

Could the number of years between the termination of employment and the death of a former employee prevent an amount received from qualifying as a death benefit? CRA responded:

[T]he passage of time between the termination of an employment and the death of a former employee is not generally a determining factor by itself for disqualifying an amount received as a death benefit.

However, [such] passage of time … may be one of the factors to be considered in determining whether the conditions set out in the definition of death benefit in subsection 248(1) are otherwise satisfied … .

Words and Phrases
in recognition