{"abstract":"This document sets forth final regulations under section 162(m) of the Internal Revenue Code (Code), which for Federal income tax purposes limits the deduction for certain employee remuneration in excess of $1,000,000. These final regulations implement the amendments made to section 162(m) by the Tax Cuts and Jobs Act and finalize the proposed regulations published on December 20, 2019. These final regulations affect publicly held corporations.","action":"Final regulations.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2020/12/30/2020-28484.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1","title":26}],"citation":"85 FR 86481","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: These regulations are effective on December 30, 2020.","disposition_notes":null,"docket_ids":["TD 9932"],"dockets":[],"document_number":"2020-28484","effective_on":"2020-12-30","end_page":86511,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/12/30/2020-28484.xml","html_url":"https://www.federalregister.gov/documents/2020/12/30/2020-28484/certain-employee-remuneration-in-excess-of-1000000-under-internal-revenue-code-section-162m","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-28484?publication_date=2020-12-30","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-12-30/2020-28484/mods.xml","not_received_for_publication":null,"page_length":31,"page_views":{"count":5197,"last_updated":"2026-10-23 00:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-12-30/pdf/2020-28484.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-28484.pdf?1609163119","publication_date":"2020-12-30","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/12/30/2020-28484.txt","regulation_id_number_info":{"1545-BO95":{"issue":"202010","html_url":"https://www.federalregister.gov/regulations/1545-BO95/guidance-under-section-162-m-","title":"Guidance Under Section 162(m)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202010&RIN=1545-BO95&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["1545-BO95"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BO95/guidance-under-section-162-m-","title":"Guidance Under Section 162(m)"},"comments_count":0,"agency_id":"IRS","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2019-0057","supporting_documents_count":0,"docket_id":"IRS-2019-0057","document_id":"IRS-2019-0057-0017","regulation_id_number":"1545-BO95","title":"Certain Employee Remuneration in Excess of $1,000,000 Under Internal Revenue Code Section 162(m) (REG-122180-18)","checked_regulationsdotgov_at":"2021-01-03T09:00:10Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":86481,"subtype":null,"title":"Certain Employee Remuneration in Excess of $1,000,000 Under Internal Revenue Code Section 162(m)","toc_doc":"Certain Employee Remuneration in Excess of $1,000,000 under the Internal Revenue Code","toc_subject":null,"topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Rule","volume":85}