Global Investigations Review - The law and practice of international investigations

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IRS disgorgement memo to affect SEC settlement negotiations

By Adam Dobrik

26 May 2016

IRS disgorgement memo to affect SEC settlement negotiations Credit: Ray Tsang on Flickr (CC BY-SA 2.0)

Contrary to what many defence lawyers believe, the IRS has indicated there are strict limits on when a company can claim that an SEC disgorgement payment is tax deductible.