Philadelphia associate Mark Simons co-authored a chapter in BNA's Section 409A Handbook -- a resource that provides the comprehensive guidance necessary to interpret the complex rules of Section 409A of the Tax Code, as well as analysis and pertinent advice on the many unresolved issues involved. The handbook is designed to help practitioners successfully navigate Section 409A, with its broad scope, extensive and complicated regulations, and myriad corollary rules and unresolved issues.
Mark, an associate in the firm's Employee Benefits & Executive Compensation Practice Group, co-authored a chapter titled, "Plans of Tax-Exempt Entities." The chapter deals with the effect of section 409A of the federal tax code on executive compensation arrangements sponsored by tax-exempt entities. Specifically, it focuses on how 409A may compel tax-exempt entities to redesign their executive compensation arrangements to fit within the constraints that 409A imposes.
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