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Certain Employee Remuneration in Excess of $1,000,000 Under Internal Revenue Code Section 162(m)

tax-irs · IRS · Rule · Published 2020-12-30 · Effective 2020-12-30 · 85 FR 86481

Document

Document number
2020-28484
Federal Register citation
85 FR 86481
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2020-12-30
Effective date
2020-12-30
Treasury docket
TD 9932

Abstract

This document sets forth final regulations under section 162(m) of the Internal Revenue Code (Code), which for Federal income tax purposes limits the deduction for certain employee remuneration in excess of $1,000,000. These final regulations implement the amendments made to section 162(m) by the Tax Cuts and Jobs Act and finalize the proposed regulations published on December 20, 2019. These final regulations affect publicly held corporations.

Source

Authoritative
Federal Register document
Machine
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