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TREAS/IRS RIN: 1545-BI65 Publication ID: Spring 2014 
Title: Certain Employee Remuneration in Excess of $1,000,000 Under Internal Revenue Code Section 162(m) 
Abstract: These are proposed regulations relating to the deduction limitation for certain employee remuneration in excess of $1,000,000 under the Internal Revenue Code. The proposed regulations clarify that qualified performance-based compensation attributable to stock options and stock appreciation rights must specify the maximum number of shares with respect to which options or rights may be granted to each individual employee. The proposed regulations also clarify the application of the transition rule for taxpayers that are not publicly held corporations and then become publicly held corporations. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: Undetermined 
CFR Citation: 26 CFR 1   
Legal Authority: 26 USC 162(m)    26 USC 7805   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  06/24/2011  76 FR 37034   
NPRM Comment Period End  09/22/2011    
Final Action  12/00/2014 
Additional Information: REG-137125-08 Drafting attorney: Ilya E. Enkishev (202) 622-6030 Reviewing attorney: John B. Richards (202) 622-6030 CC:TEGE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Ilya E. Enkishev
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 5039,
Washington, DC 20224
Phone:202 317-4598
Fax:885 595-5263
Email: ilya.e.enkishev@irscounsel.treas.gov