[OscarCunningham]

They're related. Suppose someone makes $100000 net over two years. Should the amount of tax they pay depend on what happened in the first year?

[C1sc0cat]

I thought you could carry forward income tax if you say paid a lot in one year due to share options? you could use this to offset later years tax.

[fjsolwmv]

Only if you set up a corporate tax shelter for yourself.