Question: Following are extracts from Cisco Systems 2000 and 2002 Annual Reports. In your own words, describe the effects of ESOs on Ciscos taxes from 2000

Following are extracts from Cisco Systems 2000 and 2002 Annual Reports. In your own words, describe the effects of ESOs on Cisco’s taxes from 2000 to 2002.

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Nonqualified employee stocks options NQOs give rise to a tax deduction to the firm when employees exercises their options This tax deduction reduces t... View full answer

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