Tag Archives: Parachute

Employee Benefits-IRS Provides Guidance On Excise Tax Imposed On A Tax-Exempt Organization That Pays Excess Remuneration (Or An Excess Parachute Payment) To An Employee

In IRS Notice 2019-09 (the “Notice”), the Internal Revenue Service (“IRS”) has provided guidance on the excise tax imposed on a tax-exempt entity under Code section 4960 that pays excess remuneration (or an excess parachute payment) to an employee. Here … Continue reading

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