White House Budget and ESOPs

The Obama administration's revenue proposals include one item specific to ESOPs. The administration notes that current law is unclear about whether transfer of qualified replacement property to a spouse should trigger tax on the amount of capital gains originally deferred in an ESOP transaction.

Who Does ESOP Valuations?

In response to an informal poll conducted by the NCEO, 44 ESOP appraisers indicated that they do over 3,000 valuations annually, representing approximately one-third of active ESOPs and ESOP-equivalent plans.

Why Dansko Is Employee-Owned

Writing in Forbes, Susan Adams describes the day in August 2005 when Mandy Cabot decided not to sell her company, which sells wooden clogs, to a much larger company.

Will Broad-Based Equity Survive Expensing?

Three recent surveys provide information on how companies will react to requirements that options, ESPPs, and other equity awards be shown as an expense on their income statements.

Will Charlie Hebdo Become Employee-Owned?

The staff of the French satirical newspaper Charlie Hebdo proposed that the newspaper become a worker cooperative, partly in order to give its entire staff a voice in how the newspaper uses the substantial profits it has earned from the spike in sales following the attacks on its office on Januar

Will Subchapter S Reforms Really Help ESOPs?

1996 tax law changes are unlikely to create many new ESOPs in Subchapter S companies. That's the conclusion reached by Bob Stiles of Liberty Check Printers in Mounds View, MN, the first Subchapter S company to set up an ESOP after the new law was passed.

Will the New Executive Compensation Rules Matter?

The financial reform legislation requires non-binding shareholder votes on executive pay; more stringent rules for the independence of compensation consultants; the expansion of existing stock exchange rules prohibiting brokers from voting uninstructed shares held in street names on some issues t