1.0Committee on Homeland Security & Governmental Affairshttps://www.hsgac.senate.govTim O'Connor Fraserhttps://www.hsgac.senate.gov/author/tofraser/Senate Permanent Subcommittee on Investigations Releases New Data on $61 Billion Stock Option Book-Tax Gap - Committee on Homeland Security & Governmental Affairsrich600338<blockquote class="wp-embedded-content" data-secret="9jMHx0cn0t"><a href="https://www.hsgac.senate.gov/subcommittees/investigations/rep/senate-permanent-subcommittee-on-investigations-releases-new-data-on-61-billion-stock-option-book-tax-gap/">Senate Permanent Subcommittee on Investigations Releases New Data on $61 Billion Stock Option Book-Tax Gap</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.hsgac.senate.gov/subcommittees/investigations/rep/senate-permanent-subcommittee-on-investigations-releases-new-data-on-61-billion-stock-option-book-tax-gap/embed/#?secret=9jMHx0cn0t" width="600" height="338" title="“Senate Permanent Subcommittee on Investigations Releases New Data on $61 Billion Stock Option Book-Tax Gap” — Committee on Homeland Security & Governmental Affairs" data-secret="9jMHx0cn0t" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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WASHINGTON – Today, Sen. Carl Levin, D-Mich., Chairman of the Senate’s Permanent Subcommittee on Investigations, released new data compiled by the Internal Revenue Service (IRS) showing that corporations who issued stock options to their executives claimed 2005 stock option tax deductions that were collectively $61 billion larger than the expenses shown on the company books […]https://www.hsgac.senate.gov/wp-content/uploads/HSGAC_Logo_Social.jpg1200630