We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
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
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
