tax on asbestos compensation
https://ace-wiki.win/index.php/Are_Punitive_Damages_Taxable%3F_Key_Rules_for_Mesothelioma_Settlements
There's been a lot of confusion around whether tax applies to asbestos compensation payments. The short answer is that most one-off lump sum payments for asbestos-related illnesses like mesothelioma are tax-free, but interest earnings or ongoing payments might have different rules. It's worth checking with a specialist.