Litigation Finance Tax Fight Heads for Second Round, Tillis Says

Emily Siegel reports that Senator Thom Tillis (R-N.C.) plans to revive his Tackling Predatory Litigation Funding Act, which would impose a 41% tax on profits earned by litigation funders, after the measure was stripped from this summer’s tax bill amid intense industry lobbying, arguing that lawsuit investors should face “equitable” tax treatment.

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