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Tax Reform Act Denies Deductions for Some Sexual Harassment Settlements

By Tony Oncidi on December 27, 2017

In a little-noticed provision buried deep inside the new Tax Cuts and Jobs Act (signed into law on Dec. 22) is the following “denial of deduction”:

“Payments related to sexual harassment and sexual abuse – No deduction shall be allowed under this chapter for –

  • any settlement or payment related to sexual harassment or

…

Posted in Settlements, Tax Reform

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