TRUSTS COMMONLY USED TO HOLD S CORPORATION STOCK [ILLUSTRATION OMITTED] Three commonly used types of ongoing trusts qualify as S corporation shareholders: grantor trusts, qualified subchapter S trusts (QSSTs) and electing small business trusts (ESBTs).
What does ESBT stand for?
ESBT stands for Electing Small Business Trusts
This definition appears very rarely and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of ESBT
We have 2 other meanings of ESBT in our Acronym Attic
- Entrepreneurship and Small Business Research Institute (Sweden)
- Empire State Building Run-Up (athletic event)
- Earl Shilton Building Society (UK)
- Eastern Suburbs Banksia Scrub (New South Wales Department of Environment and Conservation; Australia)
- École Supérieure de Biotechnologie Strasbourg (French biotechnology school)
- Endolymphatic Sac Ballooning Surgery
- Enhanced Separate Brigades (Army)
- Estradiol-Specific Binding Sites
- European Skull Base Society (est. 1993)
- The Empire Strikes Back Special Edition (Star Wars)
- Emitter Switched Bipolar Transistor (electronics)
- Expert System Building Tool (computing)
- Energy Systems Business Unit
- Eindhovense Studenten Badminton Vereniging (Dutch student badminton association)
- Ecumenical Society of the Blessed Virgin Mary (UK)
- Economic Simplified Boiling Water Reactor
- European Simplified Boiling Water Reactor (aerosol science)
- Electronic Screen Brokerage Exchange Limited (London, England, UK)
- Eacham Shire Council (Australia)
- Eagle Ski Club (UK)
Samples in periodicals archive:
In particular, the proposed regulations provide guidance on S corporation family shareholder rules, the definitions of "powers of appointment" and "potential current beneficiaries" (PCBs) with regard to electing small business trusts (ESBTs), and the allowance of suspended losses to the spouse (or former spouse) of an S corporation shareholder.
Electing Small Business Trust Provision In addition, Congress has eliminated a potential problem for electing small business trusts (ESBT).
2003-43 also applies to late-filing requests for qualified subchapter S subsidiaries (QSubs), electing small business trusts (ESBTs) and qualified Subchapter S trusts (QSSTs).
The pending bill eliminates a major concern regarding the use of electing small business trusts (ESBTs) for succession planning in family-owned S corporations by disregarding unexercised powers of appointment in determining the trust's eligibility as an S corporation shareholder.
During the period covered, final regulations and several revenue procedures were issued on S accounting periods and electing small business trusts (ESBTs).
Electing small business trusts as eligible shareholders.
1361(e) to allow electing small business trusts (ESBTs) with more than one beneficiary to be qualified S corporation shareholders.