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Taxation & Estate Planning

: TaxProf Blog

Levin, McCain Reintroduce Stock Options Tax Bill

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Sens. Carl Levin (D-Mich) and John McCain (R-Ariz.) yesterday reintroduced the Ending Excessive Corporate Deductions for Stock Options Act (S. 1491), which would prohibit corporations from deducting stock option compensation in excess of the stock option book expenses shown on their financial statements. From the press release: "Current stock option...

Full post as published by TaxProf Blog on July 23, 2009 (boomark / email).

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