Employee Ownership Trusts

What is an Employee Ownership Trust (EOT)?
Alistair Scott-Somers, Executive Director, General Counsel, and Director of Law and Tax, gives an overview of Employee Ownership trusts including three insightful tips for those wanting to set one up.
0:00 What is an Employee Ownership Trust (EOT)?
0:42 Why would a business owner sell their company to an EOT?
1:24 Does a sale to an EOT suit all businesses?
2:00 Do the founders have to leave the business after a sale to an EOT?
2:26 How is the sale to an EOT funded?
3:14 Qualifying for tax benefits when selling to an EOT
3:50 Three tips for setting up and EOT