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Amid all the corporate tax benefits enacted by the Senate on Monday, one little-noticed provision may turn out to be a boon for civil rights plaintiffs, public interest groups, whistle-blowers and even trial lawyers. Until now, the IRS required a victorious civil rights or other plaintiff who won to pay taxes on the entire amount, even though a percentage went to the attorney's contingent fee, which would also be taxed.
October 13, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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