Corporate Taxes, Internal Revenue Code (IRC), Publicly-Traded Companies

Internal Revenue Code Section 162(m): Proposed Regulations

Goodwin on 2/24/2025

On January 14, 2025, the Internal Revenue Service and the US Treasury Department issued proposed regulations under Section 162(m) of the Internal Revenue Code (Code) to implement changes under the American Rescue Plan Act of...more

Proposed Regulations Issued Under Internal Revenue Code § 162(m)

Cooley LLP on 2/13/2025

Changes effective starting on January 1, 2027 - In the last few days preceding President Donald Trump’s inauguration, the IRS under the Biden administration proposed regulations to implement amendments to Internal Revenue...more

IRS Proposes New Rules to Implement the Expanded $1 Million Limit on Deductible Pay for Publicly Held Corporations

Pillsbury Winthrop Shaw Pittman LLP on 2/6/2025

New proposed regulations under Section 162(m) of the Internal Revenue Code would further limit deductibility of executive compensation paid by a publicly held corporation....more

IRS Issues New Proposed Regulations Under 162(m)

Nutter McClennen & Fish LLP on 1/22/2025

On January 14, 2025, the Internal Revenue Service (the “IRS”) issued new proposed regulations under section 162(m) of the Internal Revenue Code (the “Code”), supplementing regulations already in effect. Under section 162(m),...more

Proposed Regulations Broaden Limitation on Compensation Deductions for Public Companies

White and Williams LLP on 1/22/2020

Internal Revenue Code Section 162(m) generally limits the amount of compensation to certain individuals (Covered Individuals) that a publicly traded company may deduct as a business expense. The Tax Cuts and Jobs Act (TCJA)...more

Considerations and Challenges Under New IRS Guidance on Section 162(m)

Katten Muchin Rosenman LLP on 10/5/2018

On August 21, the IRS issued Notice 2018-68, Guidance on the Application of Section 162(m) ("Notice"). Internal Revenue Code ("Code") Section 162(m) places a limitation on the amount publicly traded companies are permitted to...more

IRS Guidance Clarifies Some TCJA Changes to the $1 Million Deduction Limit for Executive Compensation under Code Section 162(m)

Brownstein Hyatt Farber Schreck on 9/4/2018

Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”), limits a publicly held corporation’s ability to take a corporate income tax deduction for compensation in excess of $1 million paid to “covered...more

IRS Provides Limited Section 162(m) Transition Relief for RSUs and Similar Equity-Based Awards

McGuireWoods LLP on 4/13/2015

The Internal Revenue Service (IRS) recently issued final regulations under Section 162(m) of the Internal Revenue Code (Code). The final regulations are substantially similar to the proposed regulations issued by the IRS in...more

Ensure Compliance with Final Regulations on Equity Awards

Bradley Arant Boult Cummings LLP on 4/8/2015

The Department of the Treasury has issued final regulations setting forth changes to the current regulations under Internal Revenue Code (Code) Section 162(m). Code Section 162(m) precludes a deduction by a public corporation...more

Corporate Taxes › Internal Revenue Code (IRC) › Publicly-Traded Companies

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