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S8 Ep1077: The Mystery of Third-Party Litigation Finance and its Taxation. Guest: Michael Toth. Toth explains the emergence of third-party l
The Mystery of Third-Party Litigation Finance and its Taxation. Guest: Michael Toth. Toth explains the emergence of third-party litigation finance, where external financial institutions fund tort cases against American companies. He notes this practice is uniquely American and creates a new market for legal conflict. Toth recommends that the Treasurytax these business gains at ordinary income rates rather than treating them as capital gains. 141868
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