Lisa B. Petkun Quoted in New York Times Article, 'Tax Deductions Blunt Impact of Large Corporate Settlements, Report Says'
Lisa B. Petkun, a partner in the Tax Practice Group of Pepper Hamilton, was quoted in the December 3, 2015 New York Times article, "Tax Deductions Blunt Impact of Large Corporate Settlements, Report Says."
Regulators do not have a strong motive to prohibit the practice in settlements because the tax benefits are one way to bring parties to the negotiating table. "It's a powerful incentive for companies," said Lisa B. Petkun, a partner at Pepper Hamilton in Philadelphia. "And to the extent that it's a sweetened deal by being deductible, it's a carrot for regulators."
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