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To: brushwud who wrote (165409)5/24/2002 5:57:12 PM
From: willcousa  Respond to of 186894
 
The problem with taxing options before exercise is that there is no cash generated to pay the taxes. For many decades it was a strong principle in the tax law that you taxed income when it generated cash. It would still be a good rule. You could defer the company's deduction til that time too.