Vermont Laws

The Vermont Statutes Online

Title 3 : Executive

Chapter 022 : DEFERRED COMPENSATION PROGRAMS

(Cite as: 3 V.S.A. § 652)

§ 652. Taxation

Any deferred compensation agreement shall be in accordance with the requirements of the rulings and regulations of the Internal Revenue Service and as such any sum deferred shall not be subject to taxation until distribution is actually made or made available to the employee. (Added 1973, No. 175 (Adj. Sess.), eff. July 1, 1973.)