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May the Executive deduct a capital loss if the Executive reports compensation income pursuant to this initiative in an amount greater than the amount of the deferred payment obligation?

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May the Executive deduct a capital loss if the Executive reports compensation income pursuant to this initiative in an amount greater than the amount of the deferred payment obligation?

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A-3.2. No. If the amount of compensation income exceeds the amount of the deferred payment obligation, the Executive may not deduct the excess as a capital loss.

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