On November 16, 2017, the House passed its version of the Tax Cuts and Jobs Act (the “Act”). The original version of the bill would have made significant changes to nonqualified deferred compensation, including to Section 409A of the Internal Revenue Code of 1986.
See all Legal Alerts
In the U.S. House, the Tax Cuts and Jobs Act ( H.R. 1) (the Act) was approved by a vote of 227-205 yesterday. The legislation lowers the top corporate rate of 35 percent to a flat 20 percent. On the individual side, the bill would collapse the existing seven income tax brackets to four with rates… Read more
See all blog posts