Lots of tax advantages are given by the ESOPs, which means Employee Stock Ownership Plans. This is basically a retirement plan by which a trust would get the stock of the employer in trust for the employees. Basically, the ESOP trust will buy the employer’s stocks from the shareholders of the employer or the employer itself. It will get the stock by means of getting a bank loan which is then guaranteed by the employer. Basically, the employer is oblige to make yearly deductible cash distri...