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Employee Ownership Update for March 31, 2006
National Center for Employee Ownership [NCEO] Link to more items from this source
Mar. 31, 2006
NCEO Executive Director Corey Rosen discusses several items of note: There is little chance that the proposals from the presidential tax advisory panel, which among other things would abolish ESOPs, will go anywhere. There is a new IRS determination letter procedure for qualified plans such as ESOPs and 401(k) plans. Broad-based employee ownership is still in its infancy in most European countries, but there is growing interest. The NCEO seeks updates to its Employee Ownership 100 list.

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