FVC2253. Taxes in the Determination of Damages

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.

Learning Objectives:

• 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)