12/18/2002: Employee Ownership Update for December 18 (National Center for Employee Ownership)NCEO executive director Corey Rosen discusses the first IRS ruling to address S corporation ESOP abuses--here, the use of shell corporation ESOPs that were set up before the March 14, 2001, grandfathering deadline for the anti-S corporation abuse rules in EGTRRA, and later sold to companies for use as tax avoidance mechanisms. The update also covers a study of declining stock option use in California's Silicon Valley.
Important word about authorship:
BenefitsLink ® (BenefitsLink.com) provides this page for you, with a hypertext link to an item we think is interesting and valuable for companies sponsoring employee benefit plans, employees who participate in plans, and firms who provide products and services to plans. But BenefitsLink is not the author of the item to which this hypertext link will take you (unless expressly indicated there).
|
|
|
