Rail Cos. Seek Top Court Review Of Tax On Stock Options

By Vidya Kauri (October 23, 2017, 11:05 PM EDT) -- Subsidiaries of the Canadian National Railway Co. pleaded with the U.S. Supreme Court to review the Seventh Circuit's majority opinion that nonqualified stock options are taxable in a $13.3 million lawsuit against the IRS, saying that the ruling departs from the Eighth Circuit's views and creates a discrepancy in the tax treatment of stock options across the country....

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