A friendly reminder about the second Robertson Settlement

4 comments

  • Letters are now issuing regarding payments in the second Robertson class action suit. Is there any resource available to help freelancers deal with the tax implications of the settlement awards?

  • An update, for readers interested in David’s question:

    David reports that he heard back from someone at Duff & Phelps who said that, in her experience with Robertson v Thomson, “different claimants had different tax implications based on the nature of their claims and amounts received” and recommended, once freelancers knows their share, to consult with a personal tax advisor about their particular situation.

    Thanks to David for sharing this info with us.

  • Whether or not the Heather Robertson settlement payment is considered taxable income should not depend on the recipient’s “perception” but rather the nature of the case, no?

    And isn’t the nature of the claims the same for everyone, i.e. unauthorized use? Differences in amounts received should be irrelevant, IMO.

    If anyone has a straight answer about whether or not the settlement payments are taxable I would love to know.

    If they are in some cases and not in others, can we have some examples in order to understand?

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