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consistent with IRS revenue code 162(m), companies were able to deduct non-performance compensation for a...

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Accounting

consistent with IRS revenue code 162(m), companies were able to deduct non-performance compensation for a single executive to the extent that it does not exceed 1 million. under the new tax cuts and jobs act, this limit has been:

1. increased to 5 million

2. increased to 10 million

3. decreased to 500,000

4. eliminated

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