(Reuters) - With stock option practices under investigation in another
area and corporate CEO pay soaring, Michigan Democratic Sen.
Carl Levin said he wants to align corporate tax deductions for
options with accounting expenses for them.
"The current differences between stock option accounting
and tax rules make no sense," Levin said at a hearing of the
Permanent Subcommittee on Investigations, which he chairs.
Read more at Reuters.com Bonds News
area and corporate CEO pay soaring, Michigan Democratic Sen.
Carl Levin said he wants to align corporate tax deductions for
options with accounting expenses for them.
"The current differences between stock option accounting
and tax rules make no sense," Levin said at a hearing of the
Permanent Subcommittee on Investigations, which he chairs.
Read more at Reuters.com Bonds News
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