Document Type

Article

Publication Date

2004

Abstract

The American Jobs Creation Act of 2004 includes a major attempt to reform the tax rules for deferred compensation arrangements covering corporate managers. This paper examines the tax policy and corporate-governance policy objectives of the reform effort, explores the shortcomings of the legislation, and outlines a different approach for future executive compensation reform.

Publication Citation

(Tax Policy Ctr. Discussion Paper No. 18, 2004)