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Final Regulations on Executive Compensation Excise Tax

Tuesday, February 2, 2021 Treasury”) and the Internal Revenue Service (“ IRS”) published in the  Final Regulations”) interpreting the excise tax under Section 4960 of the Internal Revenue Code on certain executive compensation paid by tax-exempt organizations. The Final Regulations maintain most of the concepts from the interim guidance (Notice 2019-09 (the “ Proposed Regulations”), discussed here), with a few changes. The Final Regulations became effective January 15, ...
United States Revenue Service Services Exception Organization Includes Most Tax Department Of The Treasury Internal Revenue Service

Treasury/IRS Section 4960: Tax-Exempt Executive Compensation Excise Tax

Monday, February 1, 2021 Treasury”) and the Internal Revenue Service (“ IRS”) published in the  Final Regulations”) interpreting the excise tax under Section 4960 of the Internal Revenue Code on certain executive compensation paid by tax-exempt organizations. The Final Regulations maintain most of the concepts from the interim guidance (Notice 2019-09 (the “ Proposed Regulations”), discussed here), with a few changes. The Final Regulations became effective January 19, 2...
United States Revenue Service Services Exception Organization Includes Most Tax Department Of The Treasury Internal Revenue Service

IRS Regulations on Executive Compensation Excise Tax

Tuesday, February 2, 2021 Treasury”) and the Internal Revenue Service (“ IRS”) published in the  Final Regulations”) interpreting the excise tax under Section 4960 of the Internal Revenue Code on certain executive compensation paid by tax-exempt organizations. The Final Regulations maintain most of the concepts from the interim guidance (Notice 2019-09 (the “ Proposed Regulations”), discussed here), with a few changes. The Final Regulations became effective January 15, ...
United States Revenue Service Services Exception Organization Includes Most Tax Department Of The Treasury Internal Revenue Service

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