My ex's lawyer wants to have my certified business valuator communicate directly with theirs. This is so that we can work out what to impute back into my ex's income. She has not been forthcoming and open about her biz deductions.
My thoughts are CBV are experts on determining business values and lost income (accident cases, etc.). But I am not sure that a CBV is knowledgeable about imputing income for Family law purposes (Section seven expenses and child support) which I understand has different rules than revenue Canada regarding biz deductions.
I lawyer told me her rule of thumb is that if my Ex work for a company would she be reimbursed for these deductions? (i.e. mileage driven to and from work, cell phone since she would have need a personal one anyway, Booze and food in the office , home internet, etc.)
What are your thoughts?
thanks.
CD
My thoughts are CBV are experts on determining business values and lost income (accident cases, etc.). But I am not sure that a CBV is knowledgeable about imputing income for Family law purposes (Section seven expenses and child support) which I understand has different rules than revenue Canada regarding biz deductions.
I lawyer told me her rule of thumb is that if my Ex work for a company would she be reimbursed for these deductions? (i.e. mileage driven to and from work, cell phone since she would have need a personal one anyway, Booze and food in the office , home internet, etc.)
What are your thoughts?
thanks.
CD
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