Tax implications
Personal injury cases can raise the question of whether the compensation you receive is taxable. At Letselschade Advocaat Amsterdam, we’ll give you clarity on the tax aspects of your compensation and make sure there are no surprises.
Is personal injury compensation taxable?
Tax rules include:
- Untaxable compensation: Compensations for intangible damages such as pain and suffering are usually tax-free.
- Taxable compensation: Allowances for loss of income may be taxable.
At Letselschade Advocaat Amsterdam, we work exclusively for victims, never for insurers, ensuring your interests are always prioritized. Our skilled lawyers support you through the entire process, from gathering evidence to negotiating a fair compensation. With our expertise, we’ll guide you through each step to ensure a successful claim. Our attorneys will give you detailed advice on the tax implications of your compensation.
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