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Hello,
I will be retiring at the age of 60, and my company offered me a non-compete compensation agreement not to work for one year.
My question, will this amount offered to me, be tax free or will it have be be taxed, in which case, i receive only a two-thirds of the total amount agreed?
Thank you,
W
I will be retiring at the age of 60, and my company offered me a non-compete compensation agreement not to work for one year.
My question, will this amount offered to me, be tax free or will it have be be taxed, in which case, i receive only a two-thirds of the total amount agreed?
Thank you,
W
