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CO: Employee Ownership Tax Credit Expansion

August 8, 2023 All day

Increases the cap for converting a qualified business to a worker-owned cooperative or employee ownership trust and increases the cap for converting a qualified business to an employee stock ownership plan; expands the tax credit to include a specified percent of the costs of a qualified employee-owned business expanding its employee ownership by at least a specified percent, not to exceed a specified amount.

CO House Bill 1081 (2023)

Topics

Wage and Hour
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