This Note attempts its own exploration of the compensatory utility of stock options, beginning with brief sketches of the early tax law relating to options; the developing legislative, regulatory,and judicial refinements; and, the state of the law immediately prior to the Tax Reform Act. The basic operating provisions of the new Act and the proposed regulations are then examined as they relate to both statutory and nonstatutory stock options. After out-lining the goals that employers and employees seek by using stock options, the Note's conclusion attempts to analyze the degree to which those goals may still be attained in light of the tax consequences of option arrangements under the 1969 Act.
John W. Bonds, Jr.,
Stock Options and the Tax Reform Act of 1969: The Question of Continued Utility,
26 Vanderbilt Law Review
Available at: https://scholarship.law.vanderbilt.edu/vlr/vol26/iss6/7