The Taxman (May Not) Cometh: The Deductibility of Environmental ‘Penalties’ By Bernadette M. Rappold on June 8, 2018 Posted in Tax Buried within last December’s massive Tax Cuts and Jobs Act of 2017, Pub. L. No. 115–97, 131 Stat. 2054 (TCJA), is an obscure provision that may change the litigation and settlement calculus for companies facing environmental enforcement actions. Continue Reading.