New ESPP Reference from CEPI

The Certified Equity Professional Institute (CEPI) at Santa Clara University released GPS/ESPP, a publication designed for companies evaluating or currently offering ESPPs, including both 423 and non-423 plans. It covers plan design, administration, financial reporting, costs, and guidelines for offering 423 plans in non-US jurisdictions without jeopardizing favorable US tax treatment. The publication is available to download at no cost at CEPI's Web site.