Nearly two years after taking effect, the tax code provision that brought sweeping changes to regulation of deferred-compensation plans has confused attorneys and increased legal costs. Both tax and corporate attorneys say the new law is strewn with pitfalls and complexities that hinder corporate deal making and expose executives to many costly and unnecessary penalties. All companies must comply by Dec. 31, despite sparse governmental guidance and delays in the release of final regulations.
Popularity: 3% [?]
Posted on Thursday, September 21st, 2006. Filed under: In-House Counsel, Law Misc
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Nearly two years after taking effect, the tax code provision that brought sweeping changes to regulation of deferred-compensation plans has confused attorneys and increased legal costs. Both tax and corporate attorneys say the new law is strewn with pitfalls and complexities that hinder corporate deal making and expose executives to many costly and unnecessary penalties. All companies must comply by Dec. 31, despite sparse governmental guidance and delays in the release of final regulations
Popularity: 1% [?]
Posted on Thursday, September 21st, 2006. Filed under: Employment, Law Misc
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Nearly two years after taking effect, the tax code provision that brought sweeping changes to regulation of deferred-compensation plans has confused attorneys and increased legal costs. Both tax and corporate attorneys say the new law is strewn with pitfalls and complexities that hinder corporate deal making and expose executives to many costly and unnecessary penalties. All companies must comply by Dec. 31, despite sparse governmental guidance and delays in the release of final regulations
Popularity: 1% [?]
Posted on Thursday, September 21st, 2006. Filed under: Business Law, Law Misc
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