Section 162(m) of the Internal Revenue Code (Code) limits, subject to certain exceptions, a public company’s federal income tax deduction for compensation paid to any “covered employee” to $1 million in any taxable year. A...more
Recovery provisions would apply on a no-fault basis to executive officers of virtually all exchange-listed companies who received incentive-based compensation during the three fiscal years preceding an accounting restatement...more
7/10/2015
/ Board of Directors ,
Clawbacks ,
Corporate Issuers ,
Corporate Officers ,
Cost Recovery ,
Disclosure Requirements ,
Dodd-Frank ,
Executive Compensation ,
Financial Statements ,
Incentive Compensation ,
Look-Back Measurement Period ,
Sarbanes-Oxley ,
Securities and Exchange Commission (SEC) ,
Shareholders