To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.

USA115^th CongressHR-6976| House

| Updated: 9/28/2018

Employee Profit-Sharing Encouragement Act of 2018 This bill amends the Internal Revenue Code to prohibit certain employers from deducting the compensation of highly compensated individuals unless the employer makes profit-sharing distributions to employees during the year.

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Taxation

Employee benefits and pensionsEmployment taxesIncome tax deductionsWages and earnings

To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.

USA115^th CongressHR-6976| House

| Updated: 9/28/2018

View Full Text

Bonnie Watson Coleman

Democratic Representative

New Jersey

Ways and Means Committee

Taxation

Introduced
In Committee
On Floor
Passed Chamber
Enacted

Employee benefits and pensionsEmployment taxesIncome tax deductionsWages and earnings

To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.

Suggested Questions

Taxation

To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.

Suggested Questions

Bonnie Watson Coleman

Ways and Means Committee

Taxation

To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.

Suggested Questions

Taxation

To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.

Suggested Questions

Bonnie Watson Coleman

Ways and Means Committee

Taxation