3. Remuneration Report—Votes on an issuer's compensation policy as set out in a remuneration report are determined on a CASE-BY-CASE basis, taking into account the company's performance and pay practices relative to industry peers among other factors . 4. Stock Plans in Lieu of Cash—Votes...
Section 1402(a)(13) of the Internal Revenue Code provides that the distributive share of “limited partners, as such” from a partnership is not subject to self-employment tax.[1] Managers of private equity and hedge funds are routinely structured as limited ...
The Tax Court denied the taxpayer’s motion, concluding that the limited partner exception applies to “passive investors” and “does not apply to a limited partner who is limited in name only.” The Tax Court based its conclusion on the “plain meaning” of Section 1402(...
Managerial Remuneration Payment to Auditors Insurance Expenses Power & Fuel Finance Cost Depreciation & Amortization Expenses Other Expenses Total Expenses Profit before Exceptional Items, Extraordinary Items and Tax Exceptional Items Profit before Extraordinary items and Tax Extraordinary Items...
The Company will not directly or indirectly pay or cause to be paid any remuneration, whether by way of supplemental or additional interest, fee or otherwise, or grant any security or provide other credit support, to any holder of Notes as consideration for or as an inducement to the ...
The draft Bill provided a requirement for employers to match their employees NHIF contribution by paying the total amount without deducting it from the employee’s salary or remuneration. This would have created an onerous burden on the employer, adding to the statutory expenses the employer is ...
The draft Bill provided a requirement for employers to match their employees NHIF contribution by paying the total amount without deducting it from the employee’s salary or remuneration. This would have created an onerous burden on the employer, adding to the statutory expenses the employer is ...
One of the first actions of the new remuneration committee was to propose a doubling of Mrs Evans’s salary. The committee said that she had been underpaid when the company was state-controlled because of government constraints on the salaries of public servants. The committee said that she now...