Court says foreign units' stock options not taxable as income

Court says foreign units' stock options not taxable as income

TOKYO, Nov. 26 Kyodo - Atsushi Shimizu, a former auditor of Compaq, now reorganized into Hewlett-Packard Japan Ltd., speaks at a news conference Nov. 26 after the Tokyo District Court ruled that tax authorities illegally taxed as income the shares that employees of Japanese subsidiaries acquired in their U.S. parent firms through stock options. Shimizu, along with a Microsoft Co. employee, had demanded that the authorities void the taxation on the grounds that it violated the income tax code.

  • Product Code
  • ILEA001094328
  • Registered date
  • 2002/11/26 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2002 Kyodo News
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  • 1864 × 1638 pixel
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  • 766.90(KB)*
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