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Is the tax gross-up payment reportable in the Summary Compensation Table in year 1?

April 26, 2017compensation gross-up payment reportable summary Table tax year

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Is the tax gross-up payment reportable in the Summary Compensation Table in year 1?

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Yes. To provide investors with a clearer view of all costs to the company associated with providing the perquisites or other compensation for which tax gross-up payments are being made, Item 402(c)(2)(ix)(B) disclosure of the tax gross-up payment should be included in the Summary Compensation Table for the same year as the related perquisites or other compensation.