Law360 (August 24, 2018, 6:14 PM EDT) -- Tuesday’s Internal Revenue Service guidance on how to interpret CEO pay rules came at a tumultuous time for the executive compensation practice area, with the Tax Cuts and Jobs Act, lawsuits over pay-setting practices and the #MeToo movement all affecting the legal landscape.
Here's how attorneys are telling their clients to respond:
Guidance on Internal Revenue Code Section 162(m)
December’s Tax Cuts and Jobs Act brought a big change to the executive compensation arena: It placed a $1 million limit on the amount of performance-based executive pay that a publicly traded company could deduct during tax season.
The change to Section...
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