### Question
How does NORMAL TAXES AND SURTAXES define employee stock ownership plan?


### Answer
Under *26 U.S.C. § 133*, **employee stock ownership plan** is defined as:

> given to such term by section 4975(e)(7).

#### Citation:
  - *26 U.S.C. § 133*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART III-ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME**

