Options Backdating - United States Income Tax Issues

United States Income Tax Issues

According to the February 9, 2007 WSJ (Page A3) article IRS Urges Companies to Pay Taxes Owed By Workers Unaware of Backdated Options the government will go after taxpayers on such options but will pursue the company for rank and file employees.

Read more about this topic:  Options Backdating

Famous quotes containing the words united states, united, states, income, tax and/or issues:

    “I incline to think that the people will not now sustain the policy of upholding a State Government against a rival government, by the use of the forces of the United States. If this leads to the overthrow of the de jure government in a State, the de facto government must be recognized.”
    —Rutherford Birchard Hayes (1822–1893)

    “The United States themselves are essentially the greatest poem.”
    —Walt Whitman (1819–1892)

    “Colonel [John Charles] Fremont. Not a good picture, but will do to indicate my politics this year. For free States and against new slave States.”
    —Rutherford Birchard Hayes (1822–1893)

    “I know everybody’s income and what everybody earns,
    And I carefully compare it with the income-tax returns;”
    —Sir William Schwenck Gilbert (1836–1911)

    “In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.”
    —Alexis de Tocqueville (1805–1859)

    “The hard truth is that what may be acceptable in elite culture may not be acceptable in mass culture, that tastes which pose only innocent ethical issues as the property of a minority become corrupting when they become more established. Taste is context, and the context has changed.”
    —Susan Sontag (b. 1933)