Section 162(m)(6): Limit on Deduction for Compensation Paid by Health Insurers Under the ACA | Practical Law

Section 162(m)(6): Limit on Deduction for Compensation Paid by Health Insurers Under the ACA | Practical Law

A Practice Note providing an overview of the final regulations under Section 162(m)(6) of the Internal Revenue Code (Code) released by the Internal Revenue Service on September 18, 2014, which became effective on September 23, 2014. Code Section 162(m)(6) imposes a $500,000 annual deduction limit on compensation paid by covered health insurance providers to applicable individuals, as added by the Affordable Care Act (ACA).

Section 162(m)(6): Limit on Deduction for Compensation Paid by Health Insurers Under the ACA

by Practical Law Employee Benefits & Executive Compensation
Maintained • USA (National/Federal)
A Practice Note providing an overview of the final regulations under Section 162(m)(6) of the Internal Revenue Code (Code) released by the Internal Revenue Service on September 18, 2014, which became effective on September 23, 2014. Code Section 162(m)(6) imposes a $500,000 annual deduction limit on compensation paid by covered health insurance providers to applicable individuals, as added by the Affordable Care Act (ACA).