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What on Earth is 280G? What is a Parachute Payment?

What on earth is 280G? What is a parachute payment?

Question: My lawyer mumbled something about 280G and parachute payments. I thought this was only for big public companies and acquisitions? How does this affect VCs?

Our Take: Jason spent some time this year co-authoring an article on this with Ed Zimmerman and Brian Silkovitz of Lowenstein Sandler. It’s every thing (and most likely more) that you’d want to know on the subject.

December 6th, 2006 by     Categories: Accounting