# Tax on Excess Tax-Exempt Organization Executive Compensation
> **IRS** · Final regulations. · Published 2021-01-19 · Effective 2021-01-15 · 86 FR 6196
## Document
- **Document number:** 2021-00772
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 86 FR 6196
- **CFR reference:** 26 CFR 1
- **Publication date:** 2021-01-19
- **Effective date:** 2021-01-15
- **Treasury docket:** TD 9938
## Abstract

This document sets forth final regulations under section 4960 of the Internal Revenue Code (Code), which imposes an excise tax on remuneration in excess of $1,000,000 and any excess parachute payment paid by an applicable tax-exempt organization to any covered employee. The regulations affect certain tax-exempt organizations and certain entities that are treated as related to those organizations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2021/01/19/2021-00772/tax-on-excess-tax-exempt-organization-executive-compensation)
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