“Lump sum spousal support”

Jurisdiction: Canada Canada

Spousal support can be paid on a periodic basis, e.g., monthly amounts, or it can be paid in a lump sum, usually just one or a few payments. Lump sum payments are not tax deductible for the payor and are not treated as taxable income for the recipient.

Source: Glossary of Terms - Spousal Support Advisory Guidelines July 2008, Department of Justice Canada