Guest ptpnthr Posted January 20, 2003 Posted January 20, 2003 Upon the ESOP's termination, can you eliminate the right to receive cash and thereby force participants to take stock? The statute suggests you can, but the regulations do not cover this. Does anyone know how the IRS feels? :confused:
RLL Posted January 22, 2003 Posted January 22, 2003 Hi ptpnthr --- I think that the IRS feels cold and slimy.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now