Code Section 162(m) - New $1 Million Deduction Limitation on Executive Compensation

Kirkland partners Jack S. Levin, George B. Javaras, and William R. Welke analyze and critique new section 162(m) which places a $1 million limitation on the deduction that an employer may take for compensation to executives of publicly held corporations, including the spread in NQOs and other types of noncash compensation. This article is in PDF format which requires Acrobat Reader.