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Firm Insights
An Overview of the Golden Parachute Payment Rules
July 13, 2017
July 13, 2017
Often, executives of private companies have certain rights and benefits that are triggered upon a change in control, such as accelerated vesting of equity awards and payments under a management carve-out plan. These payments may result in significant tax penalties under Section 280G of the Internal Revenue Code, or the “Golden Parachute Rules”, unless appropriate action is taken by the company.
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Topics Include: Section 280G of the Internal Revenue Code, how to prepare for a successful exit, considerations in…
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