The tax bill on Johnny Depp and Amber Heard damages could be particularly ugly:
The long-awaited verdict is in, with Johnny Depp coming out on top, but neither of them unsullied in the process. The jury found that Heard defamed Depp, and awarded him $10 million in compensatory damages and $5 million in punitive damages. Depp’s $5 million in punitive damages were cut to $350,000 under the Virginia state law cap on punitive damages. But Heard won something too, as the jury also found that Depp defamed Heard with one statement his attorney made.
Fairfax County Circuit Courthouse in Fairfax, Virginia, April 27, 2022. - US actor Johnny Depp sued his ex-wife Amber Heard for libel in Fairfax County Circuit Court after she wrote an op-ed piece in The Washington Post in 2018 referring to herself as a"public figure representing domestic abuse." Those sound like big numbers, but keep in mind that Depp sought $50 million in damages, and Heard sought $100 million.
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