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Update on Provisions Affecting Deferred Compensation in the American Jobs Creation Act of 2004 (PDF)
FW Cook
June 30, 2004 3 pages. Excerpt: On June 17, the House of Representatives passed the American Jobs Creation Act of 2004 ('AJC'), which if approved in its current form, will make deferred compensation taxable on a current basis unless it meets certain requirements. The provisions in AJC are very similar to the provisions in the Jumpstart Our Business Strength Act of 2004 ('JOBS'), which was passed by the Senate on May 11. The House and Senate are expected to meet in conference ... after July 4th ... MORE >> |
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