Concurrent taxation is a feature of many federal systems. As a consequence of this fact, the tax policy of one level of … government affects the tax base of the other. This paper carries out a theoretical analysis of the interdependent tax ….S. federal system in practice and that formally link the taxes employed at various levels of government (i.e.: tax deductibility …

in U.S. companies. This paper shows the tax implications and accounting rules for stock option plans. By comparison of … the tax and accounting rules for different compensation schemes we show that the popularity of stock options may be mainly …