{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/718/40/#60-relationships","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"718","topic_title":"Compensation—Stock Compensation","subtopic":"718-40","subtopic_title":"Employee Stock Ownership Plans","section":{"number":"60","label":"60 Relationships","anchor":"60-relationships","is_sec":false,"groups":[{"block":null,"heading":"Compensation—Stock Compensation","paragraphs":[{"citation":"718-40-60-1","para":"60-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">For guidance on determining the accounting for the effect of income tax factors on <a href=\"/glossary/e/#employee-stock-ownership-plan\" class=\"term\" title=\"An employee stock ownership plan is an employee benefit plan that is described by the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 as a stock bonus plan, or combination stock bonus and money purchase pension plan, designed to invest primarily in employer stock. Also called an employee share ownership plan.\"><span>employee stock ownership plans</span></a>, see paragraphs <a href=\"/asc/718/740/#718-740-25-6\" class=\"xref\">718-740-25-6</a> and <a href=\"/asc/718/740/#718-740-45-5\" class=\"xref\">718-740-45-5</a>.</div></div>","snippet":"For guidance on determining the accounting for the effect of income tax factors on employee stock ownership plans, see paragraphs 718-740-25-6 and 718-740-45-5.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bfbd8536120e17825f3ab18caa306bece9241cb6c7e9c1e8859aa90ed740166b","downloaded_from":"2026-09-10T01:05:50.213Z","last_downloaded_at":"2026-09-10T01:05:50.213Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480425","source_sha256":"88433020395079be4d35a775e7823de44489af91cf12dbb1507cab793f0821f9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:131e72714c14ab479ab75f1802a8f7ab69b8b6a85ccb4549484fc739726a7c91","downloaded_from":"2026-09-10T01:05:50.213Z","last_downloaded_at":"2026-09-10T01:05:50.213Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480425","source_sha256":"88433020395079be4d35a775e7823de44489af91cf12dbb1507cab793f0821f9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:be70e9206816e6790a97253e541800732edd17284f6c8b8301ba814ab4a3978d","downloaded_from":"2026-09-10T01:05:50.213Z","last_downloaded_at":"2026-09-10T01:05:50.213Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480425","source_sha256":"88433020395079be4d35a775e7823de44489af91cf12dbb1507cab793f0821f9"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:be70e9206816e6790a97253e541800732edd17284f6c8b8301ba814ab4a3978d","downloaded_from":"2026-09-10T01:05:50.213Z","last_downloaded_at":"2026-09-10T01:05:50.213Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480425","source_sha256":"88433020395079be4d35a775e7823de44489af91cf12dbb1507cab793f0821f9"}}