Kenneth E. Werner, Publications
New Legislation Limits Deferral of Compensation from Offshore Entities
October 6, 2008
The recently enacted Tax Extenders and AMT Relief Act of 2008, part of the bill signed into law by President Bush on October 3, 2008, contains a provision which eliminates the ability to defer compensation payable by certain offshore entities, among others, to the extent such compensation is not subject to a substantial right of forfeiture.
