9 May 2006 Internal T.I. 2006-0175551I7 F - Traitement fiscal d'un montant forfaitaire -- summary under Subparagraph 39(1)(a)(iii)

A lump sum received by an individual who had been injured and in receipt of disability benefits and that corresponded to the present value of the individual's right to receive future benefits under the disability plans, was non-taxable proceeds of disposition of an interest in an insurance policy under s. 39(1)(a)(iii) rather than a taxable receipt under s. 6(1)(f).