Skip to main content

Legal Update

Tax Reform & Government Settlements—New Restrictions and Reporting Requirements to Consider During Settlement Negotiations

29 December 2017
Mayer Brown Legal Update
H.R. 1, the “Tax Cuts and Jobs Act,” makes several changes affecting the deductibility of settlement payments to governments and certain non-government entities. These changes affect how taxpayers should approach settlement negotiations with the government. This Legal Update discusses the effect of these changes on a few key settlement deductibility questions, issues these changes raise for taxpayers and best practices to minimize those risks.


  • Brian W. Kittle
    T +1 212 506 2187
  • Geoffrey M. Collins
    T +1 212 506 2633
  • David F. Abbott
    Senior Counsel
    T +1 212 506 2642
  • Hayden D. Brown
    Senior Counsel
    T +1 704 444 3512
The Build a Report feature requires the use of cookies to function properly. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently. If you do not accept cookies, this function will not work. For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.