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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: hueyone who wrote (119768)6/3/2002 3:00:17 PM
From: Clarksterh  Read Replies (1) of 152472
 
Huey - Most companies due indeed report stock options as an expense to the IRS when figuring their taxes. And Clarke Hare, I am wondering how the IRS is letting all these companies get away with "double counting" of stock option expense.

Obviously this is not double counting. As I have said before although a little more nicely, this is a form of corporate welfare (and should be stopped). The company has no real expense against cash flow and yet gets to write off the amount as an expense and thus gets a benefit. As for arguing this anymore count me out. There is no point since it is a philosophical debate and inherently mostly about opinions not facts.

Clark
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