Tag – Public Company Transition Rules: Keating Muething & Klekamp PLL

Posts tagged Public Company Transition Rules.

IRS Issues Proposed Regulations Under Code Section 162(m)

By Mark E. Sims on 7.13.2011

Code Section 162(m) of the Internal Revenue Code of 1986, as amended (the "Code") precludes a tax deduction for remuneration paid to certain employees of publicly held companies in excess of $1,000,000. On June 23, 2011 the IRS issued proposed regulations under Code Section 162(m) to clarify two provisions of existing treasury regulations.