Hodgson Russ LLP | USA | 29 Aug 2012
Internal Revenue Code (IRC) § 162(m) generally prohibits a publicly traded corporation from deducting compensation paid to “covered employees” in excess of $1 million per year.
Hodgson Russ LLP | USA | 30 Jul 2010
The IRS recently issued final regulations on the diversification requirements generally applicable to defined contribution plans that hold publicly traded employer securities.