Tax Issues in Litigation : Treatment of Judgment and Settlement Payments and Deductibility of Legal Expenses.

Examines tax issues in litigation, focusing on the income tax consequences of judgement and settlement payments to the payment recipient and the payor, as well as the deductibility of legal expenses incurred in a lawsuit. Discusses legislation proposed in the 108th Congress that would affect these t...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2004.
Series:U.S. Congressional Research.
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Call Number: CRS-2004-AML-0266
 
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