EMPLOYEE PLANS

Rev. Rul. 2012–19, page 16. Dividends and dividend equivalents on restricted stock and restricted stock units. This ruling addresses whether dividends and dividend equivalents relating to restricted stock and restricted stock units that are performance-based compensation under section 162(m)(4)(C) of the Code must separately satisfy the requirements under section 162(m)(4)(C) to be treated as performance-based compensation.

Rev. Proc. 2012–29, page 49. This procedure provides sample language that may be used (but is not required to be used) for making an election under section 83(b) of the Code. Additionally, the procedure provides examples of the income tax consequences of making such an election.

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