Jenner & Block

Big Changes Proposed to Taxation of Executive Compensation in GOP’s Tax Reform Bill

On November 3, 2017, the Chairman of the House Ways and Means Committee issued the long-awaited tax bill, H.R.-1 the Tax Cuts and Jobs Act (the “Bill”), which proposes to modify the tax code by simplifying and reforming tax exclusions, deductions and taxable compensation, as well as, simplifying and transforming major facets of executive compensation.

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