HR.3445 - Stop Deducting Damages Act Of 2013

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10/30/2013--Introduced. Stop Deducting Damages Act of 2013 - Amends the Internal Revenue Code to: (1) deny a tax deduction for any amount paid or incurred for compensatory or punitive damages in connection with any judgment in, or settlement of, any action against a government; and (2) include in gross income any amount paid as insurance or otherwise due to liability for punitive damages.

Referred To The House Committee On Ways And Means.
October 30th 2013 @ 12:00 AM

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