What is that supposed to mean?
Thanks to tax deductions the social network can claim on stock options granted to its executives as part of its recent listing on the Nasdaq stock exchange, the company stands to benefit from a further $2bn of tax deductions in the future, the lobby group alleged.
The social network' s executives can offer a stocked- form compensation?
I stuck at this paragraph. Could you paraphrase the paragraph for you? Thanks!
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Answers · 3
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Which company is this talking about? I'm going to assume that if this is talking about Facebook, which is the most recent social media to go on the stock exchange. It means that, for example, if Facebook was to sell stock in exchange for equity (money) it can use the 2 billion dollars as part of its tax deduction. Meaning that the company will be paying less tax in the end. It won't be able to deduct the entire 2 billion, but it will be able to deduct some of it.
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