Global Reward Services Alerts

Global Reward Services Alerts reports on trends and developments that affect multinational organizations' compensation and benefit programs.

Michael A. Bussa

Michael A. Bussa

Partner, Global Reward Services Leader, KPMG US

+1 212-954-1811

Global Rewards Services Alerts

Global reward and mobility considerations related to COVID-19
Employers and employees are facing workplace disruption, limits on mobility, increased expenses, and reliance on benefits related to COVID-19. Employers’ first priority was the health and safety of their workforce, with most moving to work-from-home arrangements. Organizations are now beginning to consider various reward and mobility issues that may arise in the coming weeks and months.
How the Secure Act is changing retirement savings for employers and individuals
The Setting Every Community Up for Retirement Enhancement Act was signed into law on December 20, 2019. This new law includes various provisions aimed at expanding and preserving retirement savings.
Proposed regulations released addressing section 274 deduction limitation
The Treasury and IRS release regulations addressing the section 274 deduction limitations for meal and entertainment expenses as well as reflecting amendments made by the TCJA.
Section 280G: Golden parachute payments
When a corporation undergoes a change in control, section 280G disallows a deduction for any excess parachute payments paid to a disqualified individual.
Notice 2019-18: Lump Sum Window for Annuity Retirees
Notice 2019-18 provides that Treasury and IRS no longer plan to amend the required minimum distribution regulations under section 401 (a)(9) to prohibit offering a lump sum benefit to retirees currently receiving annuities payments.
IRS offers limited expansion of determination letter program
Revenue Procedure 2019-20 provides for a limited expansion of the determination letter program for certain individually designed retirement plans.
Notice 2018-71: Guidance on employer credit for paid family and medical leave
This article focuses on notice 2018-71 which provides guidance regarding the employer credit for paid family and medical leave under Section 45S.
BEPS Action 7, the Changing Definition of Permanent Establishment: A Guide for HR & Mobility Professionals
This article provides some general background on permanent establishment and how the changes in Action 7 can affect the HR and Mobility functions.
Employers face the realities of a location-flexible workforce
This article discusses the some of the key tax-related issues of flexible arrangements across multiple tax jurisdictions.
U.S. Country-by-Country Reporting Rules
This article discusses the HR/mobility aspects of Action 13 – Country-by-Country and its impact on U.S.-headquartered companies.