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What are the example that economic factors linked to non-economic?
examples of non economic factors
Non economic activities and its examples?
What is the difference between economic and non economic activities.?
How did economic growth in the south compared to economic growth in the rest of the country?
the economic growth lagged behind because they had to repair damages from the war
What is the opposite of economic choice?
non-economic choice
Is family picnic an economic activity?
no its non economic activity.
Are punitive damages taxable?
Yes
Is punitive damage in a law suit taxable in New York city?
Punitive damages that are awarded in a lawsuit are generally not taxable in the state of New York. However, they can become taxable if they are used to pay or compansate the plaintiff for non-persoanal injuries.
Do you pay taxes on an auto insurance settlement?
I had a huge settlement from an auto insurance company and it was not taxed. However I believe that was because my attorney negotiated a type of settlement that made it non-taxable. I thnk it has to be considered "punitive damages" or something like that for it not to be taxed. Update - Generally, amounts paid for personal injury and property damage are NOT taxable. Amounts paid for punitive damages and loss of income ARE taxable.
Is punitive damage taxable in New York city?
Whether or not punitive damages are taxable in New York City depends on the type of punitive damages. A punitive damage lawyer would be able to give you the specifics on the tax laws and punitive damages awards.
Interest on City of Boston Bonds - are they Taxable or non-taxable?
No city bonds are taxable
Are wrongful death settlements taxable?
Settlements received in a personal injury settlement are generally not considered income. It is usually thought of as a means of making someone whole for losses attributed to the injury and therefor isn't typically taxed. Emotional distress, when not associated with a physical injury is typically included as taxable income. Non-punitive damages received for personal injuries are excluded while, punitive damages are taxable income. http://www.pulversthompson.com/personal-injury-lawyer-blog/is-my-personal-injury-settlement-taxable/
Are settlement compensations taxable?
Hi~ No, a WC settlement is non-taxable.
Is a settlement for mesothelioma injury taxable?
There are certain parts of the settlement that will be taxable and there are certain parts that are not. But the chunk of it will likely not be taxable including special damages-compensation for pain and suffering and general damages-compensation for expenses arising from the injury. The attached article goes into a lot of specifics as far as taxes and settlements go. It can be a little confusing.
Does insurance settlement count as a income?
It may be possible that some of or all of the settlement amount could be taxable income to you on your 1040 tax form. Any Punitive damages would be taxable income. Compensatory damages would be nontaxable with a possibility of some of the amounts that are considered recoveries could be taxable income to you on your income tax return.
What are non pecuniary damages?
Non-pecuniary damages, also known as non-economic damages, refer to compensation awarded to a plaintiff in a legal case for intangible losses that cannot be easily quantified in monetary terms. These damages may include pain and suffering, emotional distress, loss of enjoyment of life, and loss of consortium or companionship. They are meant to compensate for the physical and psychological harm endured by the plaintiff, rather than financial losses.
Are freight charges taxable?
About half of states tax freight, unless the entire transaction is non-taxable (for example, if the item is exempt from tax based on resale, the freight would be non-taxable).
Are damages for nuisance trespass and stress taxable?
Damages for nuisance and trespass are generally considered compensatory in nature and are not taxable as income. However, if the damages include punitive or emotional distress components, those portions may be subject to taxation depending on the specific circumstances of the case. It's always best to consult with a tax professional for personalized advice.
