Posts tagged ESOPs
Who Says Unions And ESOPs Don’t Mingle?
December 21, 2022 // Plus, with vigorous ESOP-related activity in Congress and state legislatures, I stand by my prediction that this will be the Decade of the ESOPs. In 2022, three major bills delivered significant incentives for existing and future ESOPs. They include the National Defense Appropriations Act, the Inflation Reduction Act that exempts ESOPS from a new 1% excise tax on corporate stock repurchases, and a measure signed in August strengthening the U.S. semiconductor industry that singles out employee-owned companies and associations for targeted support.