Dividends from family business included in gross income for accident benefits; exempt EI premiums not deducted.
The applicant was injured in a motor vehicle accident and applied for statutory accident benefits.
A dispute arose regarding the calculation of her income replacement benefits.
The arbitrator held that draws taken from the family business, which were declared as dividends for tax purposes, formed part of the applicant's regular remuneration and should be included in her gross annual income.
The arbitrator also held that unemployment insurance premiums should not be deducted from her gross annual income because she was exempt from paying them as a joint owner of the business.
OFSCDRSOntario Financial Services Commission - Dispute Resolution ServicesOct 8, 1999
