Section 162(m) of the Internal Revenue Code of 1986 (as amended, the “Code”) imposes a $1 million deductibility limit on compensation paid by “publicly held corporations” to “covered employees.” As reported in our previous...more
1/11/2021
/ Compensation & Benefits ,
Corporate Taxes ,
Covered Employees ,
Executive Compensation ,
Final Rules ,
Grandfathering Rules ,
IRS ,
Privately Held Corporations ,
Publicly-Traded Companies ,
Remuneration ,
Section 162(m) ,
Tax Cuts and Jobs Act ,
Tax Deductions
On November 2, 2017, the Committee on Ways and Means of the U.S. House of Representatives released its tax reform bill titled the Tax Cuts and Jobs Act (the “House Bill”). On November 6, 2017, Kevin Brady, Chairman of the...more
11/10/2017
/ CEOs ,
CFOs ,
Corporate Taxes ,
Covered Employees ,
Deduction Limitations ,
Deferred Compensation ,
Defined Benefit Plans ,
Dependent Care Assistance Program (DCAP) ,
Employee Benefits ,
Employee Housing ,
Employer Contributions ,
Equity Compensation ,
Excise Tax ,
Executive Compensation ,
Former Employee ,
Fringe Benefits ,
Grandfathering Rules ,
Health Savings Accounts ,
Income Taxes ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
Itemized Deductions ,
Legislative Amendments ,
Proposed Legislation ,
Restricted Stocks ,
Retirement Plan ,
Securities Exchange Act ,
Stock Options ,
Tax Cuts ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Reform ,
Ways and Means Committee