Elliot Katz
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IRC Section 162(m) provides that a public company may not deduct annual compensation paid to a “covered employee” in excess of $1,000,000 per year, other than certain “qualified performance-based compensation.” For these purposes, “covered employees” generally include the company’s CEO and its three most highly compensated executive officers (other than the CEO and CFO) identified … Continue Reading
FASB Updates for 2016 Financial Statements Could Impact Permissible Adjustments under Code Section 162(m)
By Elliot Katz on Posted in Executive Compensation, FASB/Accounting, Performance-Based Compensation, Section 162(m)
