Tom Ritchford on Nostr: Fascinating, a quick scan of the literature convinces me that you are very likely ...

Fascinating, a quick scan of the literature convinces me that you are very likely right.

I was misled by other large fines being deductible, but it turns out they were remedial, not penal, and thus deductible, see e.g. https://www.woodllp.com/Publications/Articles/pdf/Some_Fines.pdf

Thanks for keeping me accurate!