Page 28 - PowerPoint Presentation
P. 28

ALLOWANCES & CAPITAL GAINS







            COMPENSATION FOR PERSONAL INJURY,

            ILLNESS OR DEFAMATION







            • This only applies if the compensation is received by


                a natural person or special trust to compensate for

                personal injury, illness or defamation to the natural


                person, or a beneficiary of the special trust.  Gains


                and losses are disregarded.




















                                                                                                                                   28
   23   24   25   26   27   28   29   30   31   32