Ms Erika Mayshar

Erika Mayshar

Updates

Corporate Tax

Top takeaways for tax-exempt employers from IRS guidance on executive compensation
USA | 01 February 2019

One of the more controversial and complex provisions of the Tax Cuts and Jobs Act has been the 21% excise tax on certain types of non-profit executive compensation. The Internal Revenue Service recently issued interim guidance that addresses how this tax will apply in various situations that commonly arise for tax-exempt employers. However, establishing internal systems to determine which employees are covered by this tax may prove challenging.