Pro-ESOP bill H.R. 5236 is passed quickly, unanimously by House committee.
The ESOP Association
ESOP Association Resources
Resource, ESOP Report, Legal Update, Ownership Advantage, Washington Report, President's Page, Velazquez, Chabot, Minor Beneficiaries
Mar. 01
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.
Deductible dividends paid on ESOP stock.
Tax-free rollover for gains on stock sold to an ESOP.