In an attempt to raise revenues and simplify the tax code, the House Ways and Means Committee has proposed adraft tax reform plan containing sweeping changes to the Internal Revenue Code (the Code),
House Proposes Tax Reform Plan
In an attempt to raise revenues and simplify the tax code, the House Ways and Means Committee has proposed a draft tax reform plan containing sweeping changes to the Internal Revenue Code (the Code), including a number of major executive compensation and benefits changes. The most significant of those could be the elimination of deferred compensation and nonqualified pensions.
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