Several major tax incentives for ESOPs become law in the 1984 tax act, including:
Deductible dividends paid on ESOP stock.
Tax-free rollover for gains on stock sold to an ESOP.
The ESOP Association
ESOP Association Resources
Sep. 13
1981 tax law changes include a special level of new tax deductible contributions of 25 percent of pay, plus interest, for leveraged ESOPs.
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