House and Senate Tax Plans Differ in Their Impact on Executive Compensation and Employee Benefits | Practical Law
On November 9, 2017, the House Ways and Means Committee passed an amended version of their tax plan and Senate Republicans came out with their own tax plan. Many of the proposed changes in the tax plans would significantly impact the tax treatment and design of executive compensation programs. The Senate Act also differs from the House version (as amended) in its impact on certain employee benefits-related provisions.