This session will cover a variety of issues on the subject of taxes and damages. Rather than focusing on the taxation of damages themselves, this session will focus on circumstances when taxes may be central to the determination of a damages amount. Key differences between the taxation of individuals, businesses and business types will also be covered.
Identify circumstances when taxes may warrant consideration in the determination of damages
Distinguish tax-paying and non-tax-paying parties to disputes
Apply a framework to analyze taxes in the computation of damages (when appropriate)