United States: IRS Issues Final Regulations Regarding Certain Employee Remuneration In Excess Of $1 Million Under Section 162(m) Of The Code - Akin Gump Strauss Hauer & Feld LLP

United States: IRS Issues Final Regulations Regarding Certain Employee Remuneration In Excess Of $1 Million Under Section 162(m) Of The Code - Akin Gump Strauss Hauer & Feld LLP

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Section 162(m) of the Internal Revenue Code of 1986 (as amended, the "Code") imposes a $1 million deductibility limit on compensation paid by "publicly held corporations" to "covered employees."

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