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I have dedicated my law practice for the last 25 years to the wrongfully injured and their families. The purpose of this blog is not to provide legal advice. If you need legal help you can contact me at cplacitella@cprlaw.com or visit our website at www.cprlaw.com. Thank You

Wednesday, August 30, 2006

Tax Code on Emotional Damages Tossed - New York Times: "Tax Code on Emotional Damages Tossed
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By THE ASSOCIATED PRESS
Published: August 22, 2006
Filed at 6:52 p.m. ET
WASHINGTON (AP) -- 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 District of Columbia 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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