Torts and Taxes, Taxes and Torts: The Taxation of Personal Injury Recoveriesreport on his business relations, he said little, if anything, about the report's effects on his statementseems to conflict with the Tax Court's prior statement that the tax consequences of an incomebecause the lost pro...
Germany and Argentina were not taxed by their home countries,” said Jared Walczak, a vice president of the Tax Foundation… The pope’s job as a member of the clergy does not exempt him from U.S. taxes. American citizens abroad must generally file tax returns…according to the Internal...
Murphy and the Sixteenth Amendment in Relation to the Taxation of Non-Excludable Personal Injury AwardsA recent case, Murphy v. Internal Revenue Service, 460 F.3d 79 (Aug. 22, 2006), has stimulated interest in the constitutionality of federal taxes and provisionsJoseph M. Dodge...
After the American Revolution, taxation without representation ended in some areas of the United States. While residents of the 50 states can elect representatives to the federal government, federal districts like Washington, D.C., and territories like Puerto Rico still lack the same representation o...
Worker's compensation is a mandatory benefit administered by theDepartment of Labor. It provides financial support to injured or ill employees caused by their jobs. Worker's compensation covers medical expenses related to the injury or illness. It also compensates for lost wages if the employee ca...
Taxation of personal injury and sickness awards.(Brief Article)Pierson, Steven GNemeth, John F
However, an examination of non-tax considerations reveals that taxing personal injury damages could, in many cases, hinder the ability of tort law to meet its goals. It is argued that tort and tax law objectives can be reconciled by amending the Income Tax Act (Canada) to allow all ...
Taxation of Personal Injury AwardsTaxation of Personal Injury Awards Section 104(a)(2) of the Internal Revenue Code provides...Colburn, Steven CEnglebrecht, Ted D
damagespersonal injurystructured settlementperiodical paymentlump sumtaxationRevenueThis article examines the taxation rules which first encouraged the development of structured settlements in the UK. These arrangements enable damages for persoRichard LewisSocial Science Electronic Publishing...
Should Tax Norms Be Abandoned - Rethinking Tax Policy Analysis and the Taxation of Personal Injury Recoveriesdoi:10.2307/3312449After reviewing problems that the Supreme Court opinions on the definition of ''security'' have addressed and have caused, this Article suggests revising the Court's current...