Friday, May 25, 2007

US Senate panel sets June 5 stock options hearing

(Reuters) - Witnesses are expected to include officials from the IRS
and the Securities and Exchange Commission to discuss "the
policy reasons for continuing or ending the stock option book-
tax difference," the committee said in a statement.




The hearing comes at a time of continued controversy around
executive stock options. Scores of companies are under
investigation for allegedly manipulating option grant dates,
while corporations recently were forced to begin expensing
stock options on their income statements.


Read more at Reuters.com Government Filings News

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