US EditionNo agreement on the tax treatment of funds may mean there is no settlement agreement - Talent Canada
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No agreement on the tax treatment of funds may mean there is no settlement agreement - Talent Canada
When negotiating a settlement, many employers (and employees) may not realize that, even if both parties have agreed on the same general number, they may not have actually agreed on the same settlement amount if the parties have different understandings about how the settlement should be taxed. The failure for parties to agree on how the settlement funds will be taxed may mean that no settlement was actually reached. This was demonstrated in the…
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