Jenner & Block

Tax Reform Becomes Law: Impact of the Tax Cuts and Jobs Act on Executive Compensation and Employee Benefits

On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (the Act). The law rewrites the tax code by removing numerous deductions and exclusions and reforming major aspects of taxable compensation. As indicated in our previous Client Alert, key provisions will have a significant impact on the taxation of executive compensation, particularly for the top-five officers of public companies. Other provisions of the Act create smaller changes to the employee benefits landscape.

Read more.