Clarifications Proposed to Million Dollar Compensation Deduction Limit

Mondaq Business BriefingUnited States Law Articles in English (2011)

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Clarifications Proposed to Million Dollar Compensation Deduction Limit

The IRS has proposed new regulations clarifying two aspects of the Code Section 162(m) performance-based compensation exemption from the $1 million deduction limit for compensation payable to certain executives of public companies. The proposed regulations clarify one of the requirements that m...

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