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New Tax on 'Excessive' Compensation of Tax-Exempt Executives Imposed at Not-So-Excessive Levels
Jones WalkerLink to more items from this source
[Guidance Overview]
May 17, 2021

"Now that final guidance has been issued, [applicable tax-exempt organizations] should ... consider adopting the following strategies: [1] Maximize retirement income for covered executives.... [2] Consider implementing excise tax cutbacks.... [3] Consider adopting split dollar life insurance arrangements.... [4] Review current compensation programs to determine extent of potential liabilities as well as potential exemptions."

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