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Taxation & Estate Planning

: TaxProf Blog

Proposed § 104 Regs Eliminate Requirement That Damages be Based on "Tort or Tort Type Rights"

The IRS today released proposed § 104 regulations: This document contains proposed regulations relating to the exclusion from gross income for amounts received on account of personal physical injuries or physical sickness. The proposed regulations reflect amendments under the Small Business Job Protection Act of 1996. The proposed regulations also...

Full post as published by TaxProf Blog on September 14, 2009 (boomark / email).

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