@taxbod @fcablog @martinhearson @MForstater @JeremyTaxman We're on the side of FASB! Here's a full explanation: http://ow.ly/qzuA6
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Replying to @taxjustice
@taxjustice@taxbod@fcablog@martinhearson@JeremyTaxman - have FASB ever said options should not be expenses for tax purposes?5 replies 0 retweets 0 likes -
Replying to @MForstater
@MForstater@fcablog before FASB came into it, you seemed to be arguing taxable profits an immutable thing, not a construct defined by govt1 reply 0 retweets 0 likes
Replying to @martinhearson
@martinhearson @fcablog eh? No. But I would define ‘loophole' as something that allows intent of legislation & rules to be evaded.
12:02 AM - 7 Nov 2013
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