Punitive damages are meant to punish your employer for extremely bad conduct. They are rare and are not taxable. You also don’t have to repay EI.
FREQUENTLY ASKED QUESTIONS AND ANSWERS
What are punitive damages? Are they taxable?
FREQUENTLY ASKED QUESTIONS AND ANSWERS
Punitive damages are meant to punish your employer for extremely bad conduct. They are rare and are not taxable. You also don’t have to repay EI.
Join Rudner Law on September 14 at 12:00 p.m. ET for a complimentary webinar on drafting and reviewing enforceable termination provisions.
Learn about common drafting risks, saving-clause limitations, and variable and incentive compensation.
