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Determinable Amount


Floridaattorney

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Employer wants to set up deferred comp agreement where it agrees to pay 10% of company's fair market value to employee on the first of certain specified events in the future.

Fmv is to be determined by company's cpa or appraiser and must be agreed to by the employee or an arbitration process will be initiated.

Would that be a 'determinable amount' under 1.409-3(i)?

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