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当前位置:金号角网> 金融学院> 金融知识 > 英文财经词汇 > Taxes - 税务> Restitution Payments

恭喜湖南/长沙市【成功】需求金额200万元

恭喜湖南/长沙市【成功】需求金额200万元

恭喜湖南/长沙市【成功】需求金额300万元

恭喜湖南/长沙市【成功】需求金额200万元

恭喜湖南/长沙市【成功】需求金额1000万元

Restitution Payments

2020-08-03 编辑:网站编辑 有822人参与 发送到手机
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The payment of punitive damages that are owed as a result of wrongdoing or neglect. Restitution payments are an attempt to restore a person to a previous financial condition that should have persisted save for the improper actions of another person or entity. Restitution payments are usually paid according to a schedule dictated by the court, but often will not begin until after the defendant/payor has been released from prison, if jail time is also served.

Some types of restitution payments are controversial, such as payments to descendants of black slaves or Holocaust survivors. Some restitution payments are tax free, but payors cannot deduct restitution payments by donating them to a qualified charity.