• Executive Compensation Deduction - New IRS Ruling
  • April 10, 2008 | Authors: Alan L. Aronson; Barry W. Cowan; Joseph B. Friedman; Mark Stephen Miller; Stephanie M. Schroepfer
  • Law Firms: Fulbright & Jaworski L.L.P. - New York Office ; Fulbright & Jaworski L.L.P. - Dallas Office ; Fulbright & Jaworski L.L.P. - San Antonio Office ; Fulbright & Jaworski L.L.P. - Houston Office
  • On February 21, 2008, the IRS issued Revenue Ruling 2008-13, which sets forth a new and more restrictive interpretation of the rules that exempt performance-based incentive compensation from the executive compensation deduction limitations applicable to public corporations under Section 162(m) of the Internal Revenue Code.