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Month: April 2022

Senate unanimously passes Wyden bill to exempt trafficking survivors’ restitution from taxes

Sens. Ron Wyden, D-Ore., and John Cornyn, R-Texas, released the following statements after the Senate this week unanimously passed their bipartisan Human Trafficking Survivor Tax Relief Act, which would exempt civil damages, restitution, and other monetary awards given to human trafficking survivors from federal income taxes, as well as codify Internal Revenue Service guidance that makes restitution payments to survivors in criminal cases free from federal income taxes.

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