Tax,
Civil Litigation
May 23, 2025
How taxes can apply to Roundup verdicts might surprise you
Manufacturers of Roundup face a wave of lawsuits over cancer claims, but plaintiffs could face unexpected tax consequences, especially with punitive damages, legal fees, and shifting tax laws potentially eating into their settlements.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
The manufacturers of Roundup weed killer have faced an avalanche of lawsuits from gardeners, farmers and homeowners claiming that their use of the product gave them cancer.
Roundup, manufactured by Monsanto, is owned by Bayer. Many of the lawsuits have gone to trial, and many have also been settled. The way taxes can apply to Roundup and similar legal recoveries may not be as straightforward as you think.
If a plaintiff is being a...
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