Kirkland Alert Kirkland & Ellis LLP

2017 Tax Cuts and Jobs Act Will Affect Compensation Plans and Arrangements

On November 2, 2017, the House Ways and Means Committee unveiled the first draft of the Tax Cuts and Jobs Act (H.R. Bill 1). Although the House Proposal is likely to change, if enacted as currently proposed, the House Proposal will significantly affect and curtail the design of executive compensation arrangements, as described below.