FastSaying

They can't change the AMT tax consequences of that $55 that they made in virtual income when they exercised and they will pay taxes on that extra money if they still hold those shares on Dec. 31st of this year.

Claudia Hill

ChangeConsequencesExercisedIncomeTaxVirtualWhen

Related Quotes

It is the great American bait and switch. They say, 'We're going to give you tax breaks' -- and then you find out you don't qualify.
— Claudia Hill
AmericanBaitBreaks
Alternative minimum tax is a misnomer. It isn't an alternative, because you don't have a choice. And it isn't the minimum, because you end up paying higher taxes than you would have otherwise.
— Claudia Hill
AlternativeChoiceMinimum
In income tax, there is no case for amnesty.
— P. Chidambaram
AmnestyCaseIncome
Today it takes more brains and effort to make out the income tax form than it does to make the income.
— Alfred E. Neuman
EffortIncomeIncome Tax Quote
There is no income tax in Russia. But there's no income.
— Will Rogers
IncomeNoRussia