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Clarifications proposed to million dollar compensation deduction limit

  • McGuireWoods LLP
  • -
  • USA
  • -
  • July 6 2011

The IRS has proposed new regulations clarifying two aspects of the Code Section 162(m) performance-based compensation exemption from the $1 million deduction limit for compensation payable to certain executives of public companies

IRS ruling supports best practice for dividends on restricted stock

  • McGuireWoods LLP
  • -
  • USA
  • -
  • June 29 2012

A new Revenue Ruling on Section 162(m) is rare enough to be worth a comment but this rarity is compounded by being an IRS ruling that supports a best practice for compensation design

Conversion of bearer securities to be taxed at an increased rate of 2

  • McGuireWoods LLP
  • -
  • Belgium
  • -
  • October 18 2012

The Act of 15 December 2005 on the abolishment of bearer securities prescribes that they must be converted into registered or dematerialised securities before 31 December 2013

Conversion of Belgian bearer securities to be taxed at an increased rate of 2

  • McGuireWoods LLP
  • -
  • Belgium
  • -
  • November 16 2012

The Act of 15 December 2005 on the abolishment of bearer securities prescribes that they must be converted into registered or dematerialised securities before 31 December 2013