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The Whistleblower Blog

Monthly Archives: December 2010

Whistleblowers’ Proceeds Taxable as Income

Posted in False Claims

Two recent court decisions and a 2004 statute affirm that False Claims Act whistleblowers have to pay income taxes on their relator’s share of any recovery―at ordinary income rates. Because the taxation questions that arise from whistleblower’s rewards can be significant, as shown below, it remains wise for any successful relator to seek proper and current… Continue Reading

New Bounties for Whistleblowers

Posted in False Claims, Other Government Fraud, Securities Fraud

The recent regulatory reform package known as the Dodd-Frank Wall Street Reform and Consumer Protection Act authorizes the Securities and Exchange Commission to pay bounties to whistleblowers whose information results in a monetary recovery. In cases involving valuable information concerning securities fraud, the whistleblower payment can be as high as 30 percent of the total… Continue Reading