by: Khorsand, Behzad
Source: The Beyster Institute
Section 1042 of the Internal Revenue Code allows for the deferral of capital gains tax when selling qualified securities to an employee stock ownership plan (ESOP). Here are 10 things we think selling shareholders should know about the 1042 election. This is a first in a series of articles devoted to section 1042.
Link: 10 Things to Know about IRC Section 1042
Publication Date: 2014-12-10