BLOOMBERG BNA WEBINAR EVENT: New Rules under Section 162(m)(6): Applying the $500,000 Deduction Limit for Compensation of Health Insurance Company Employees

The $500,000 deduction limit for compensation paid by certain health insurance companies to their employees will affect all health insurance issuers and all members of the health insurance issuer’s affiliated group, even if the member is not itself a health insurance issuer. The guidance issued by Section 162(m)(6) of the Internal Revenue Code provides complex rules in applying this limitation. While this deduction limit is part of existing Section 162(m), the coverage and application of new proposed subsection (6) differs significantly from the more common applications of the section and, therefore, a thorough analysis is required even for companies otherwise exempt from, or in compliance with, Section 162(m).

Join us as our faculty members explain how the deduction limit will work and how it will impact the compensation structure of health insurance companies and their affiliates. Learn what you need to know and to which tax years the new regulations will apply.

Educational Objectives:

• Understand the proposed regulations providing guidance on the $500,000 deduction limit for compensation paid by certain health insurance companies to their employees.
• Gain awareness of the broad application and complexity of the deduction limit rules.
• Learn through examples how the deduction limit rules work.
• Become informed about what needs to be done immediately by health insurance companies and their affiliates.

Who would benefit most from attending the program?

In-house legal practitioners in the areas of tax and employee benefits/executive compensation at health insurance companies or members of a health insurance company’s affiliated group.

Program Level: Intermediate (This program assumes that attendees have some basic knowledge of the Internal Revenue Code from practice or prior seminars.)

Credit Available: This program’s CLE-credit eligibility varies by state.

Register now at bloombergbna.com