Question: The $1 million maximum compensation deduction does not seem to have deterred large corporations from remunerating their executives at very high levels. 1. What techniques

The $1 million maximum compensation deduction does not seem to have deterred large corporations from remunerating their executives at very high levels.

1. What techniques are being used to work around the millionaires provision?

2. Are executives taking pay cuts, or are their salaries being deferred or changed in nature due to 162(m)?

3. How do you think companies should respond to the changes made to this area by the TCJA of 2017?

Give detailed answers.

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