Altera Case Loss Doesn’t Mean End of Litigation Fight (Corrected)

Intel’s subsidiary Altera Corp. failed again to win reversal of a federal appeals court decision that would require a company’s domestic and international units to share the cost of employee stock-based compensation in cost-sharing arrangements—a decision that could mean higher tax bills for tech companies.

Silicon Valley giants like Facebook Inc. and Alphabet Inc.'s Google have been watching the case for years since it first went to the U.S. Tax Court. If the ruling stands, the companies may need to change their cost-sharing structures and won’t be able to deduct the full cost of stock compensation from their U.S. taxable ...