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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/

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