Options provision culled, carried interest untouched in latest Senate bill

The Senate Finance Committee released a modified version of tax reform legislation late Tuesday night that scraps the provision that would have taxed stock options at vesting and again leaves the tax treatment of carried interest unchanged.

The provision on non-qualified deferred compensation followed a similar path in the House, where it was introduced in the preliminary draft but excised during markup by Ways and Means Committee Chairman Kevin Brady (R-Texas)...