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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: KeepItSimple who wrote (55865)	8/13/2006 2:00:19 PM
From: Cogito	Respond to of 213176

>>companies used to be able to take tax deductions equal to the amount of income tax that their employee paid when they exercised and profited from options.<< KIS - Well how about that? I did not know that. Thanks for the information. So that means that Apple would have to pay additional taxes equal to the difference between the income tax that employees who exercised backdated options actually paid, vs. what they would have paid if the options had not been backdated. Doesn't seem like that could amount to much, even with penalties. That isn't likely to affect Apple much. - Allen

To: KeepItSimple who wrote (55865)	8/13/2006 2:00:20 PM
From: Cogito	Respond to of 213176

>>companies used to be able to take tax deductions equal to the amount of income tax that their employee paid when they exercised and profited from options.<< KIS - Well how about that? I did not know that. Thanks for the information. So that means that Apple would have to pay additional taxes equal to the difference between the income tax that employees who exercised backdated options actually paid, vs. what they would have paid if the options had not been backdated. Doesn't seem like that could amount to much, even with penalties. That isn't likely to affect Apple much. - Allen