As noted in its 22 June 2020 Order List, the U.S. Supreme Court has declined to issue a writ of certiorari in the case Altera Corp. v. Commissioner of Internal Revenue. As such, the decision issued by the U.S. Court of Appeals for the Ninth Circuit in June 2019 is the final decision in the case ({News-2019-06-11/A/5-previous coverage}). The June 2019 decision concerns whether regulation 26 C.F.R. § 1.482-7A(d)(2) on stock-based compensation and cost-sharing arrangements is valid. The regulation was finalized in 2003 and requires participants in qualified cost-sharing arrangements to share stock-based compensation costs to achieve an arm's length...