This report is a study of the tax, company and financial services regulations relating to the use of trusts in conjunction with employee share schemes. It demonstrates how ESOPs can be used as a means of structuring and facilitating an employee buy-out, in particular in businesses formally run by central or local government. Updated to include the Finance Act 1991, this edition contains a description of the relevant laws, a case study of an ESOP and a schedule of ESOPs known to have been created to date. It also highlights the possible technical pitfalls and proposals for reform.
This report is a study of the tax, company and financial services regulations relating to the use of trusts in conjunction with employee share schemes. It demonstrates how ESOPs can be used as a means of structuring and facilitating an employee buy-out, in particular in businesses formally run by central or local government. Updated to include the Finance Act 1991, this edition contains a description of the relevant laws, a case study of an ESOP and a schedule of ESOPs known to have been created to date. It also highlights the possible technical pitfalls and proposals for reform.
Reihe
Auflage
Sprache
Verlagsort
Verlagsgruppe
Zielgruppe
Editions-Typ
Maße
Höhe: 234 mm
Breite: 156 mm
Gewicht
ISBN-13
978-0-85121-859-5 (9780851218595)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Klassifikation
What is an ESOP?; situations in which an employee trust might be used; employees' trusts - company law, tax law; the use of an employees' trust with a share purchase scheme; the use of an employees' trust with an approved share option schemes; the use of employees' trusts with a profit sharing scheme; close companies - problems with the material interest test; employees share ownership trusts 8.65 & Schd.5 FA 1989; drafting and other considerations; Financial Services Act considerations; considerations for public guidelines; stock exchange considerations.
