In this practical guide, Fenwick attorneys Marshall Mort and Ariel Gaknoki provide a primer on Section 409A of the U.S. tax code and some of the recent legislative developments stemming from U.S. tax reform. Section 409A penalizes certain compensation structures where a service provider receives a right to payment of compensation in a later taxable year.
Previously given at a Clear Law Institute webinar, this presentation covers ways to structure plans to be exempt from and to comply with Section 409A so no additional taxes apply, describes the potential penalties for non-compliance, and identifies how 2017 tax reform changes the landscape for deferred compensation to employees and new opportunities to optimize tax strategy.
View the full presentation here: