Lisa B. Petkun Quoted in Seattle Times Article, 'Tax Savings Blunt Impact of Corporate Settlements'
Lisa B. Petkun, a partner in the Tax Practice Group of Pepper Hamilton, was quoted in the December 3, 2015 Seattle Times article, "Tax Savings Blunt Impact of Corporate Settlements."
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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