X
01Jul

Corporation Partially Owned by ESOP Denied Deduction for Compensation Payments to ESOP Participants

A recent case in the Tenth Circuit Court of Appeals addresses the intersection of Employee Stock Ownership Plans (“ESOPs”) and the rules under Section 267 of the Internal Revenue Code related to the timing of deductions for payments to a related...
By: Hodgson Russ LLP
Source Url: https://www.jdsupra.com/legalnews/corporation-partially-owned-by-esop-88182/

Related

Protecting Drag-Along Rights in Private Equity Deals

Even as they make their investment, private equity investors are focused on their exit. A standard f...

Read More >

[Video] EMBARGOED! We'll See You in Court! Checking In on TikTok, WeChat, ICC, and Commerce Lawsuits

Brian and Tim drop the gavel to render verdicts on the litigation impacting the TikTok and WeChat ba...

Read More >

Construction One-Minute Read: Illinois Restricts Retainage on Private Construction Projects

Every private construction project in Illinois will be affected by a new law, effective immediately....

Read More >

The Coronavirus’ Impact on Pending Land Use Applications and Approved Construction Projects

Despite the crippling impact that the coronavirus is having on all aspects of our daily lives, many ...

Read More >

European Product Liability Directive: Stay tuned, guidance is around the corner

It's been a year since the European Commission published its Fifth Report on the application of the ...

Read More >

Real-Life Lessons on How Mid-Sized Companies Handle Ownership Transitions

Business consultant Karen Albritton along with Ward and Smith attorneys Deana Labriola and Matt Thom...

Read More >