Thomas Johnston

Thomas Johnston

Shearman & Sterling LLP

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US District Court Rejects Talley and Permits a Business Expense Deduction for Part of Double Damages Payment Under the False...

In a taxpayer-favorable decision earlier this month, the US District Court for the District of Massachusetts, following a jury verdict, entered judgment for a corporation in a tax refund suit permitting a business deduction...more

5/21/2013 - Business Taxes Civil Monetary Penalty Compensatory Damages Corporate Taxes False Claims Act Punitive Damages Tax Deductions Tax Refunds

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