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CalSTRS and CalPERS adopt policies on corporate political contributions disclosure

  • Holland & Knight LLP
  • -
  • USA
  • -
  • February 7 2012

CalSTRS announced they had formally adopted a policy calling for portfolio companies to annually report their expenditures on political contributions and make that information "readily accessible to shareholders."

IRS proposes new rules under Code Section 162(m)

  • Holland & Knight LLP
  • -
  • USA
  • -
  • July 11 2011

On June 24, 2011, the IRS proposed new rules relating to the ability of a publicly held corporation to deduct executive compensation in excess of $1 million under Internal Revenue Code Section 162(m