Employee Ownership Trusts: What You Need to Know
Employee Ownership Trusts: What You Need to Know
Description
Highlights:
- Tax benefit – $10 million tax exemption
- Built-in buyer – no need to go looking
- Protecting your legacy – passing the business on to someone who cares
- Sovereignty – keep Canadian businesses Canadian
- Full Fair market value – you’re not taking a haircut on price
- Traditional governance structures – not a cooperative
- Fully leveraged – employees are not expected to come up with cash