The federal government may not tax the money plaintiffs receive as compensation for emotional distress and other intangible injuries, the D.C. Circuit ruled Tuesday. The court struck down as unconstitutional a portion of the tax code that said only compensation for physical injuries is tax exempt. The ruling affects only Washington, D.C., but, depending on the IRS' response, it could mean the end of tax bills for a variety of trial awards, from civil rights to employment discrimination.
August 23, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The federal government may not tax the money plaintiffs receive as compensation for emotional distress and other intangible injuries, a federal appeals court said Tuesday.
The U.S. Court of Appeals for the D.C. Circuit struck down as unconstitutional a portion of the tax code that said only compensation for physical injuries is tax exempt.
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