(ii) An amount excluded from gross income under section 105 (c) or (d) (relating to amounts received under accident and health plans) and the regulations thereunder shall not constitute compensation for expenses paid for medical care.
According to Ramogi Huma, a former college football player at UCLA who also serves as CAPA's founder and president, the current scholarship model constitutes compensation for college athletes, but the students deserve the right to argue for more, such as medical coverage or a trust fund that would go into effect after graduation.
Like the Cioffi-Tannin case, last week's "settlement" with mortgage brokers, whose patent fraud contributed to the housing bubble and ensuing collapse, was embarrassing -- whether one believes it was supposed to constitute compensation for damages, restitution for conduct, or deterrence against future abuse.
The damages awarded shall constitute compensation and not a penalty.
Such sum in either of the above circumstances shall constitute compensation and not a penalty.
However, general workplace experience and training is typically insufficient to constitute compensation.
Because Watson actually reported compensation of $24,000 in each of the years in question, however, the Iowa District Court and the Eighth Circuit were faced with an issue of first impression: quantifying just what constituted "reasonable compensation" for Watson's services.
Most of the Johnson tapes through 1965 are also accessible, and while the Nixon family is still challenging access to raw tapes and what constitutes fair compensation for them, some 4,000 hours' worth can already be listened to.
This latest shareholder vote is fueling a long-simmering debate over what constitutes appropriate compensation for an executive.
For the present purposes we replicated exactly the conditions in Experiment 1 of our previous study [28], but this time we informed subjects that rewards were random, lottery-like wins, and that these random gains would sum up to constitute their compensation for participating to the experiment.
Our evidence suggests that, in a less regulated setting, asymmetric, option-like performance-based incentives exist and constitute the dominant form of compensation for individual portfolio managers.
