On January 16, 2025, the IRS issued proposed regulations under Section 162(m) of the Internal Revenue Code of 1986 (the “Code”), which limit the amount of compensation a publicly held corporation may deduct for wages paid to...more
1/21/2025
/ Compensation & Benefits ,
Corporate Counsel ,
Corporate Governance ,
Employee Benefits ,
Highly Compensated Employees ,
Internal Revenue Code (IRC) ,
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Proposed Rules ,
Publicly-Traded Companies ,
Section 162(m) ,
Tax Deductions ,
Tax Planning ,
Tax Reform
On April 23, 2024, the DOL finalized its 2023 proposed package of amendments to the regulations defining who is a fiduciary under ERISA by virtue of providing investment advice for a fee, and amendments to seven existing...more