White House Budget and ESOPs | SG&F Law
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White House Budget and ESOPs

Author: SG&F Law

According to the February 15 release of the NCEO Employee Ownership Update, the Obama administration’s revenue proposals make a specific reference to ESOPs. Loren Rodgers, Executive Director of NCEO, reports that the administration proposes clarifying the tax implications for the transfer of qualified replacement property to a spouse in connection with an ESOP transaction.

To read the full press release, please visit the The NCEO’s website.