EFES NEWSLETTER - MAY 2023
Press
review
We
have a selection of 32 remarkable articles in 9 countries
in April 2023: Canada,
Germany, Finland, France, Hungary, Netherlands, Norway, UK,
USA.
Canada:
New policy plan for Employee Ownership Trusts provides an
option in business succession planning, but not hoped-for
tax incentives.
Germany: New law project – further multiplication of
incentives for employee share ownership, at €5,000 exempt
annually instead of €1,440.
Finland: Personnel Funds legislation now extended to
small companies.
France: Congratulations from TotalEnergies. Business
transmission through workers' cooperative for Ecotone. Free
share awards for all employees at Medincell.
Hungary: The operation of employee share plans in Hungary.
Netherlands: Share ownership foundations operate primarily
on the basis of share certification.
Norway: Employee share ownership and wealth tax.
UK: Why a business should consider an Employee-Owned
Trust structure. Thanks to the Employee Ownership Trust scheme,
every day a new SME is transferred to employees, - 115 new
transmissions from January 1 to March 31. This month, among
others, the case of: Postlethwaite Sollicitors, With Public
Relations, TVD Group, KWL Architects, Bartlett Catering, RR
Engineering, Absolute Public Relations, Drummond Marketing,
Horizon Platforms. New crisis for John Lewis Partnership which
is considering abandoning the 100% employee ownership formula.
USA: New business transfers through ESOP plans. Index
Ventures is the organizer of the campaign to promote stock
options for European startups.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2023/April.htm
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