Study on CEO Pay Disputed By Some Companies Identified in Report

Some companies highlighted in a report that concluded well-paid U.S. executives earned more than their corporations paid in federal income tax are disputing the findings, maintaining the study distorts the U.S. corporate tax burden.

The report, released Aug. 31 by the Institute for Policy Studies, found that 25 of the most highly compensated chief executive officers in the U.S. received more in compensation than the companies’ federal income tax expenses as reported in 2010 public filings.