Marchlen v. Township of Mt. Lebanon

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that stock options granted as an award and “incentive to promote the employer’s well-being” are initially efficient for the government to pursue.”
• referring to employees exercising options to purchase stocks and that after the award of the option, employees must remain with the company for one year
• “the value of the stock option is speculative and not readily ascertainable until exercised. *** [T]he taxing authority must wait until the exercise of the stock option to compute the associated [earned income] tax liability”
• \the value of the stock option is speculative and not readily ascertainable until exercised. *** [T]he taxing authority must wait until the exercise of the stock option to compute the associated [earned income] tax liability\
• stock options constitute compensation to employees that may be taxed as earned income and because stock options have no readily ascertainable value at the time of grant, taxing stock options at the time of exercise is appropriate
• referring to stock option awards

Source: CourtListener parenthetical corpus (CC0).