Family Law Principles that we can learn from Thompson v. Thompson 2013 ONSC 5500 (Corporate Pre-Tax Income)

The complexity of divorce court proceedings often extends beyond the immediate concerns of child custody and spousal support. This complexity is amplified in cases where financial disputes arise, particularly when one or both parties involved are shareholders, directors, or officers in a corporation. A case that perfectly illustrates this intricate scenario is the Thompson v. Thompson case. This case provides an in-depth and detailed examination of how the attribution of corporate pre-tax income is handled in such situations, offering valuable insights into the legal nuances involved.