Question: please help me find how much can pink corp pay Wanda under federal tax law 5. Executive compensation (5 points) Wanda is the Chief Executive

please help me find how much can pink corp pay Wanda under federal tax law

5. Executive compensation (5 points) Wanda is the Chief Executive Officer of Pink corporation, a publicly traded, calendar year C-corporation. For the current year (2020), Wanda's compensation package consists of: Cash compensation 2,500,000 Nontaxable fringe benefits 250,000 Taxable fringe benefits 150,000 Bonus tied to company performance 20,000,000 Required: a) Under current federal tax law, how much can the Pink Corporation pay Wanda

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