@alexcobham - Do you really see this as a loophole? Seems as much much a 'loophole' as paying wages....
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Replying to @alexcobham
@alexcobham “Twitter set to save millions in corporate income taxes from stock loophole http://ow.ly/qw0KY ”1 reply 0 retweets 0 likes -
Replying to @MForstater
@MForstater Aha... That was a RT, right? I didn't think it was a word I'd used recently. Do I agree with the choice of word in a RT? Well...1 reply 0 retweets 0 likes -
Replying to @alexcobham
@MForstater Seems fair enough here, yes - I'd probably share view of CTJ and Sen. Levin that deduction of unpaid 'expenses' is a loophole2 replies 0 retweets 0 likes -
Replying to @alexcobham
@alexcobham@MForstater the loophole has to do with how cashed stock options can be deducted over a very long period of time.2 replies 0 retweets 0 likes -
Replying to @ejfagan
@ejfagan@MForstater Right, and whether this distribution of value is appropriately an expense for tax purposes2 replies 0 retweets 0 likes -
Replying to @alexcobham
@alexcobham@ejfagan if Twitter sold the shares & used the$s to pay cash bonuses it would be an expense - which they could set against tax2 replies 0 retweets 0 likes -
Replying to @MForstater
@MForstater@alexcobham Indivuals would pay income tax under that counter factual.2 replies 0 retweets 0 likes
@ejfagan @alexcobham “when options exercised, corps can take deduction 4 the diff …(while employees report this diff as taxable wages).” P2
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