An employee stock purchase plan must provide that no employee can accrue the right at any time to purchase more than ________ of stock per calendar year,valued at the fair market value of such stock.

Question

Quizplus · Accepted Answer

Under IRS regulations, an employee stock purchase plan (ESPP) must limit the maximum amount of stock an employee can purchase to $25,000 per calendar year, based on the fair market value of the stock at the time the option is granted.

An Employee Stock Purchase Plan Must Provide That No Employee