There can be significant tax benefits for owners of privately held businesses who sell all or part of their business to the employees and implement an Employee Stock Ownership Plan (ESOP) and take advantage of the Section 1042 Capital Gains Tax deferral. These benefits can provide meaningful value to the selling shareholder(s), the company and the employees participating in the ESOP.

Learn more about impact of a 1042 tax deferral strategy from the sale of a company to an ESOP in this whitepaper.