The ESOP Association

ESOP Association Resources

Dec. 19
When early drafts of the 1989 deficit reduction bill included eliminating the deduction of dividends paid on ESOP stock, The ESOP Association successfully fights to preserve the deductibility of dividends.
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Jul. 19
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.
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