NUA on ESOP shares sold back to employer
This link describes a recent PLR regarding mechanics of distributing ESOP shares as part of an LSD when the employee desires to utilize NUA benefits. From time to time this question has been posed here, and this ruling sheds some light on the subject.
http://www.wnj.com/be_careful_to_preserve_beneficial_taxation_of_esop_st…
Submitted by Alan Spross on Wed, 2009-06-03 04:02