US Urges Ordinary Tax Treatment On $26.3M Settlement Interest

By Dylan Moroses · February 5, 2020, 2:19 PM EST

A couple's $26.3 million in interest from a settlement award from a stock dispute with a wine and spirits company must be taxed as ordinary income instead of capital gains, the...

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Case Information

Case Title

Goldring et al v. United States of America

Case Number

2:18-cv-10756

Court

Louisiana Eastern

Nature of Suit

Taxes

Date Filed

November 09, 2018