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Tip of the Week: Design Certain Compensatory Loans to be at Least Partially Recourse

By Anthony J. Eppert on October 29, 2019
Posted in Tax

It is common for a key employee to be offered an opportunity to purchase equity of the employer.  Often the key employee can personally finance such purchase.   And sometimes the employer will help the key employee finance the purchase by providing him or her with a loan equal to the purchase price.  The purpose of…

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