United States:
Exec Comp Regs Crack Down On Partnership Arrangements
20 January 2020
McDermott Will & Emery
To print this article, all you need is to be registered or login on Mondaq.com.
Corporations looking to use partnerships to avoid the executive
compensation deduction limitation may be out of luck. The new
proposed regs (REG-122180-18) on the section 162(m) executive
compensation deduction limitation include a rule on compensation
paid by a partnership to an executive of a publicly held
corporation that's subject to the limitation.
McDermott's
Andrew C. Liazos contributes to a Tax Notes article
that takes a look at these new regulations and what they mean for
partnership arrangements.
Access the full article.
Originally published on Tax Notes, December
2019
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from United States
Corporate Transparency Act Update
Shulman Rogers
With the arrival of spring and the first set of Corporate Transparency Act (CTA) filing deadlines behind us, it is a good time for an update on lessons learned from the initial filings.
Compliance Isn't The Only 'AI Washing' Risk
Bracewell
Companies are rapidly adopting artificial intelligence technologies, and both regulators and private plaintiffs have set their sights on "AI washing," where businesses tout AI capabilities that do not exist.