id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
taxlaw-2811	Compton, Ryan A.; Nicholls, Christopher C.; Sandler, Daniel; Tedds, Lindsay M.	Quantifying the Personal Income Tax Benefits of Backdating: A Canada – US Comparison	2012	32	.pdf	application/pdf	18642	757	59	In the first scenario—backdated options that are reported as being at-the-money—the maximum number of stock options vesting in any one year that can benefit from the deferral is 7,017, which is calculated by dividing the $100,000 limit by $14.25, the purported fair market value of the underlying stock when the options were granted. 23 As will be shown, this is potentially an important component in the decision of executives to accept backdated stock options and may provide an additional incentive for executives to demand them in Canada.	cache/taxlaw-2811.pdf	txt/taxlaw-2811.txt