Home do you pay tax on lawsuit settlements in canada do you pay tax on lawsuit settlements in canada by Maya Grady Published 3 years ago Updated 2 years ago Notably, any amount of a settlement payment for damages with respect to personal injury or death is exempt from tax. Popular Posts: 1. how to get your settlement from the equifax data breach 2. how viking settlements looked like in greenland 3. how do i get my equifax settlement check 4. how to take advantage of the tobacco settlement 5. is legal settlement hard cost 6. how can i get a substantial workers comp settlement 7. what is a guarentee fee on a settlement statement 8. do settlements drop off credit report 9. am i eligible for bcbs settlement 10. do you need a settlement agent when selling