4 ms·
They don't deduct the fine from their tax liability, they deduct the restitution payments from their tax liability. They are essentially being forced to "donat
by Vraxx 11y ago
They don't deduct the fine from their tax liability, they deduct the restitution payments from their tax liability. They are essentially being forced to "donate" $1.8B to those they wronged by their actions. Imagine if an individual were forced to make a charitable donation (in addition to being fined a certain amount) as a part of the the ruling. Despite being forced, it's still a tax deductable donation.