News

Harvey Weinstein’s accusers will probably have to pay a hefty tax bill on any settlement money

Linda Correia speaks with MarketWatch about the tax consequences experienced by survivors of sexual violence after settling their claims against Harvey Weinstein and his former production company.

“‘Unlike personal injury cases where personal injury victims are not taxed on the amount they recover, people who are sexually harassed discriminated and retaliated against are re-penalized because they have to pay tax on any amount recovered for emotional harm,’ said Linda Correia, speaking generally.

Correia is a board member of the National Employment Lawyers Association, a bar association that’s advocated amending tax code disparities on settlements payouts.”

Read the full article here.

contact