This Troutman Pepper Locke alert describes some more compensation considerations from the One Big Beautiful Bill Act (OBBBA) — with a focus on changes to Sections 162(m) and 4960. The memo first level sets on the pre-OBBBA status of 162(m): Section 162(m) limits the federal income tax deduction that a publicly held corporation may claim for compensation paid to any “covered […]
162(m): OBBBA Change May Impact UPREITs & Up-Cs