The Canadian Customs and Revenue Agency (CCRA) published the following May 8, 1987 Interpretation Bulletin regarding structured settlements. (link http://www.ccra-adrc.gc.ca/E/pub/tp/it365r2/it365r2-e.html): INCOME TAX ACT – INTERPRETATION BULLETIN IT – 365R2 DAMAGES, SETTLEMENTS, AND SIMILAR RECEIPTS May 8, 1987 Section 3 (also section 6, subsections 5(1), 12.2(1) and (3), 14(1), 16(1), 56(1), and 248(1), paragraphs 81(1)(g.1) and … Continue reading C.C.R.A. Interpretation Bulletin IT– 365r2