March 19, 2018
Tax and employee benefits partners Will Tysse and Taylor French published an article titled “The New Tax Reforms: A Board Briefing” in The Corporate Board magazine’s March/April 2018 issue. Their article focused on the modest but important impact the 2017 Tax Act will have on executive compensation and employee benefits, once changes take effect in 2018.
In the article, the authors noted that “compensation committee members should pay particular attention to the new rules under Section 162(m) relating to the $1 million deduction limit for compensation paid to a company’s senior executive offers. This will have far-reaching implications for cash and equity incentive pay.”
More insight by the authors is also available in their Dec. 29 alert, “The New Tax Rules for Executive Compensation and Employee Benefits.”