Category Archives: Articles

Limit on Deductions for Executive Compensation at Public Companies

Section 162(m) of the Internal Revenue Code limits a publicly-held corporation’s tax deduction for compensation paid to a “covered employee” to a maximum of $1,000,000 per year.  A corporation is publicly-held if it has any class of common equity securities required to be registered under section 12 of the Securities Exchange Act of 1934. A…
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Information on this website is provided for discussion purposes only and should not be construed as advice for any specific situation.  Please seek wise counsel before making decisions. Atlantic Executive Consulting does not provide legal advice or investment advice.
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