ESOPs

ISBN-10
1558718141
ISBN-13
9781558718142
Series
ESOPs
Category
Employee fringe benefits
Language
English
Authors
Gregory K. Brown, Jared Kaplan, Luis L. Granados

Description

" ... describes the federal income tax consequences of establishing and maintaining an Employee Stock Ownership Plan (ESOP) under [section] 401(a) and a leveraged ESOP under [sections] 409 and 4975. The Portfolio covers the requirements for initial and continuing qualification under [section] 401(a). The Portfolio also examines the ESOP incentive provisions contained in tax legislation. Finally, the Portfolio covers uses of funds or securities contributed to a leveraged ESOP and techniques for using a leveraged ESOP to provide financing to the employer corporation or as an alternative to a corporation's redemption of outstanding securities"--Portfolio description (p. iii).

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