View From McDermott: House and Senate Tax Bills Would Adversely Impact Executive Pay for Tax-Exempt Organizations—Where We Are Today

Overview


Mary Samsa and Ruth Wimer wrote this bylined article on proposed changes to executive pay practices of tax exempt organizations in the tax bills before Congress. The bills “introduce the concept of an overall compensation cap, which if exceeded, would create excise tax penalties assessed against the tax-exempt organization,” the authors wrote, which would have “a direct impact on executive pay practices and governance.”