Oh, you didn’t know that penalties are tax deductible?
Pipeline Explosion
California Just Learned That Gas Companies Can Deduct Settlement Damages From Their Taxes
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Ed. note: This is a weekly column by Elie Mystal, Managing Editor of Above the Law Redline. This space will focus on the laws that exist, should exist, and should be put out of their misery. UNDER-REGULATED The Mississippi River: The Mississippi river blew up yesterday. Okay, that’s not entirely accurate. A gas pipeline exploded… Keep reading →
