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International Organization for Standardization

A non-governmental organization that sets standard codes for countries and currencies. ISO sets the ISO 3166 codes for countries and provinces, which are used in international banking transactions and shipping. Likewise, it sets the ISO 4217 codes for individual currencies. ISO has its headquarters in Geneva, Switzerland, and, because its standards are usually adopted into the law of member states, it is more powerful than most other NGOs.

Incentive stock option (ISO).

Corporate executives may be granted incentive stock options (ISOs), also called qualifying stock options. These options aren't taxed when they're granted or exercised, but only when the underlying shares are sold.

If, after exercising the options, participating executives keep the shares for the required period, any earnings from selling the shares are taxed at the owner's long-term capital gains rate.

However, stock option transactions may make sellers vulnerable to the alternative minimum tax (AMT).


References in periodicals archive ?
ISO/IEC JTC1 SC 29 WG 1 is an international organization for standardization established to develop standards for image compression.
She has been an active member of the ISO/IEC committees developing Monochrome and Color Cartridge Yield standards, and was an American representative to the JTC1 SC28 Plenary.
Texas Instruments, Zebra Technologies, and Symbol Technologies are committed to the development of RFID standards and have played an active role in RFID standardization efforts including the recently announced Uniform Code Council (UCC) Global Tag (GTAG) initiative and International Standard Organization's (ISO) item standardization group (ISO/IEC JTC1 SC31).
Previously, the ISO/IEC JTC1 had approved the UIC as a submitter of PAS.
ISO/IEC 19770-1 is the result of close cooperation between Investors in Software (IiS), members of the standards community (in particular ISO/IEC JTC1 SC7 WG21), the ITIL community, and the SAM community with support from the Swedish and British national standards institutes (SIS and BSI).
Eighteen subcommittees of JTC1 address a wide range of information and communication technology matters.