Income Equity Act of 2013

Summary

Income Equity Act of 2013- Amends the Internal Revenue Code to: (1) deny employers a tax deduction for payments of excessive compensation to any full-time employee (i.e., compensation for services exceeding the greater of 25 times the lowest compensation paid to any other employee or $500,000), and (2) require such employers to file a report with the Secretary of the Treasury on excessive compensation (as defined by this Act) paid to their employees. Defines "compensation" to include wages, salary, deferred compensation, retirement contributions, options, bonuses, property, and other forms of compensation.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 January 2013

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• Introduced in House (PDF)

  Introduced in House · EN · 4 January 2013

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• Introduced in House

  summary · EN · 4 January 2013

  Open at official source

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