Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Friday, February 2, 2018
New law changes tax treatment of sexual harassment settlements
In the past, companies might not have been excited to pay settlements and legal bills stemming from
sexual harassment
cases, but it was a way to keep the allegations quiet, and the settlement pay out as well as the legal bills were tax deductible. Considered “business expenses,” companies could recoup at least some of their costs by taking the deduction. The
new tax bill
that took effect on January 1, 2018 has changed all that.
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