Golden parachute payments can lead to significant tax consequences for both the company and the individual. Lucas Parris, senior member of Mercer Capital’s Financial Reporting Valuation Group, discusses strategies to mitigate these tax risks to reduce the likelihood of additional excise taxes.
To read the full article in Mercer Capital’s Financial Reporting Blog, click: Noncompete Agreements for Section 280G Compliance.
This article is republished from Mercer Capital’s Financial Reporting Blog. It is reprinted with permission. To subscribe to the blog, visit: http://mercercapital.com/category/financialreportingblog/.
