Railroads Get U.S. Supreme Court Hearing on Stock-Option Taxes

By Greg Stohr, Bloomberg Quint; January 12, 2018

(Bloomberg) — The U.S. Supreme Court agreed to decide whether railroads and their employees must pay millions of dollars in taxes when workers exercise stock options.

The justices said they’ll hear an appeal by U.S. units of Canadian National Railway Co. that are seeking $13 million in refunds from the federal government.

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