Transcription of Section I: PURPOSE & BACKGROUND
{{id}} {{{paragraph}}}
Reasonable Compensa tion Job Aid for IRS Val uation Professionals* *(This Job Aid Can Also be Helpful to Revenue Agents and Other IRS Field Personnel) October 29, 2014 Developed by a Team of IRS Valuation Professionals From the Large Business and International Division This Job Aid is current as of the original date of issuance only. This Job Aid is not Official IRS position and was prepared for reference purposes only; it may not be used or cited as authority for setting any legal position. Disclaimer This Job Aid is not an official pronouncement of law, and ca nnot be used, cit ed, or relie d upon as such. This Job Aid is a guide for IRS Valuation Professionals on the Reasonable Compensation issue in Not-for-Profit and For-Profit entiti es. The Reasonable Compensation issue is factually intensive and must be determined base d on all relevant facts and circu mst ances.
Oct 29, 2014 · Compensation. Under this approach, the determination of the reasonableness of an employee’s compensation is made by comparing the employee’s compensation with the compensation of employees performing similar duties at similar companies. Ideally, the companies for comparison would be mirror images of the company being analyzed.
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}