Long Island Business News interviewed Tax Leader Joseph Perry for an article about the new tax treatment of stock options granted to executive employees earning more than $1 million.
Long Island Business News
By Claude Solnik
“Anything over $1 million is not going to be deductible,” Perry said. “If it’s over$ 1 million, the performance-based went away. Why are people not jumping up and down about it? Corporations got a reduction of their rate from 35 percent to 21 percent. They’re ahead of the game, even with that disallowance.”