Focus on . . . S Corporation ESOPs
David A. Pratt
Albany Law School
Journal of Pension Benefits, Vol. 13, No. 1, p. 49, Autumn 2005
As a result of the Small Business Job Protection Act of 1996 (SBJPA) and the Taxpayer Relief Act of 1997 (TRA '97), an S corporation may sponsor an employee stock ownership plan (ESOP), for tax years beginning after 1997. This article (an update of an article that appeared in the Journal of Pension Benefits [JPB] in 1998) discusses the major rules governing S corporation ESOPs, including regulations issued in December 2004, and other recent developments.
Number of Pages in PDF File: 12
Keywords: S Corporation, Employee Stock Ownership Plan (ESOP)
Date posted: July 22, 2009