IRS Releases Clarifying 162(m) Regulations
The IRS recently released final regulations clarifying two aspects of the “performance-based compensation” exception to the $1,000,000 limit on deductible compensation paid to covered employees under Section 162(m) of the Internal Revenue Code. Proposed regulations issued in 2011 provided that in order to qualify awards as “performance-based compensation” a shareholder approved equity plan must specify […]
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3 min read
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Tagged: Executive Compensation, IRS, Performance-Based Compensation, reliance period, Section 162(m)
GG
Greg Gautam
Partner