Home | Business News | Browse by Publication | T | Trial

D.C. Court reverses itself: awards for nonphysical injury may be taxed.

Publication: Trial
Publication Date: 01-SEP-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Last year, the U.S. Court of Appeals for the District of Columbia Circuit ruled that awards for nonphysical damages could not be taxed. In July, it changed its mind.

The court had ruled that although a plaintiff's damages were not exempt from taxes under a 1996 modification to the tax code, the award for nonphysical injuries wasn't income within the meaning of the Sixteenth Amendment, so any tax on it would be unconstitutional. (,See Rebecca Porter, Emotional Damages Are Not Taxable, D.C. Circuit Rules, TRIAL...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Trial
AAJ officers for 2007-2008.(American Association for Justice), September 01, 2007
Uncover bias in clinical trials: drug research should be objective, bu..., September 01, 2007
Don't know much about epidemiology? Gain a strategic advantage in phar..., September 01, 2007
Ghostwriters and ghostbusters: drugmakers routinely hire writers to pr..., September 01, 2007
Nonparty discovery in drug cases: when you hand a defense witness a do..., September 01, 2007

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.