Code Section 457A Requires Immediate Attention by Certain Sponsors of Nonqualified Deferred Compensation Arrangements

 
Practical U.S./International Tax Strategies
June 2009

Jonathan B. Dubitzky, David A. Guadagnoli, Amy E. Sheridan and Douglas S. Stransky co-wrote an article entitled "Code Section 457A Requires Immediate Attention by Certain Sponsors of Nonqualified Deferred Compensation Arrangements," which discusses the application of Internal Revenue Code Section 457A to foreign and other "nonqualified" entities that sponsor nonqualified deferred compensation arrangements with U.S. taxpayers and describes the limited transition relief available under the provision.