Tax-Free Wrongful Death Punitive Damages?

4 Pages Posted: 21 Mar 2011

Date Written: December 13, 2010

Abstract

Punitive damages have long been viewed as taxable by the IRS, and that view was enshrined in 1996 with a U.S. Supreme Court case and a statutory change to section 104. Yet there remains a narrow exception from this treatment that exempts limited damages for wrongful death. Wood explores this aspect of the law of punitive damages.

Keywords: tax

Suggested Citation

Wood, Robert W., Tax-Free Wrongful Death Punitive Damages? (December 13, 2010). Tax Notes, Vol. 129, No. 11, 2010, Available at SSRN: https://ssrn.com/abstract=1787547

Robert W. Wood (Contact Author)

Wood LLP ( email )

333 Sacramento Street
San Francisco, CA 94111
United States
415-834-1800 (Phone)
415-834-1888 (Fax)

HOME PAGE: http://www.WoodLLP.com

Wood LLP ( email )

333 Sacramento Street
San Francisco, CA 94111
United States
415-834-1800 (Phone)
415-834-1888 (Fax)

HOME PAGE: http://www.WoodLLP.com

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