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The New US Stock Repurchase Excise Tax


Proposed regulations on stock repurchase excise tax | Crowe LLP

The IRA enacted IRC Section 4501, which imposes a new excise tax of 1% of the fair market value of any stock repurchased by a covered corporation.

Stock Buyback Tax Proposed Rules Spark Fears of Double Taxation

Concerns are rising about double taxation around the 1% stock buyback excise tax treatment on US subsidiaries of foreign parents, ...

The New Stock Buyback Excise Tax | Insights - Elliott Davis

1% excise tax on the value of stock buybacks. $374 billion in climate and energy spending, such as expanded tax credits for renewable energy ...

The Proposed Share Buyback Tax under the Inflation Reduction Act

The provision includes a protective measure designed to prevent the excise tax from being an incentive to invert. In general, if a US ...

The new excise tax on stock buybacks — addressing the treatment ...

Congress enacted the excise tax on stock buybacks to both raise revenue and deter companies from using their profits to repurchase stock, as ...

Excise Tax May Deter SPAC Activity - UHY Advisors

Starting next year, a provision of the Inflation Reduction Act (IRA) will impose a 1% excise tax on corporate stock buybacks, potentially impacting the ...

Inflation Reduction Act: New U.S. Excise Tax on Stock Repurchase ...

Among other significant changes, the Act includes a new 1% excise tax on stock repurchase transactions by certain publicly traded corporations ( ...

New Excise Tax on Repurchases of Corporate Stock Regulations

Section 4501 generally imposes a nondeductible 1% excise tax (the “Tax”) on stock repurchases[2] and “economically similar transactions” ( ...

Stock Buyback Excise Tax Guidance A Mixed Bag For SPACs

The Inflation Reduction Act, which was signed into law on Aug. 16, 2022, created a new 1% excise tax on certain repurchases of the stock of publicly traded ...

Excise Tax on Stock Repurchases | CLE/CPE Webinar - Strafford

The Act enacted an excise tax for the repurchase of stock made on or after December 31, 2022, impacting publicly traded corporations across ...

New Legislation Imposes Excise Taxes on Stock Repurchases

This blog tackles nine things to know about the new excise tax equal to 1% of the fair market value of any stock repurchased by certain (generally domestic) ...

Stock buyback tax: IRS issues proposed regulations - Baker Tilly

On April 9, 2024, the IRS released two sets of proposed regulations under section 4501's non-deductible 1% excise tax relating to certain repurchases of public ...

New Buyback Excise Tax Snares Foreign Investors - Forbes

Congress's new 1 percent stock buyback excise tax on US publicly traded corporations will strip tax benefits from foreign investors.

Excise Tax on Repurchase of Corporate Stock-Procedure and ...

This document contains proposed regulations that would provide guidance regarding reporting and payment of the new excise tax on repurchases ...

Treasury Releases Proposed Regulations on 1% Tax on Stock ...

... excise tax on corporate stock buybacks by publicly traded companies ... U.S. companies purchase stock of a public non-U.S. affiliate. The ...

Final procedural regulations - Deloitte | tax@hand

Final procedural regulations released regarding corporate stock buyback excise tax ... The US Inflation Reduction Act of 2022 (P.L. 117-169) ...

Treasury Issues Notice 2023-2, Clarifying Application of the Stock ...

On December 27, 2022, the IRS and Treasury issued Notice 2023-2 (the Notice), providing guidance on the stock buyback excise tax that was ...

New Regs Proposed for Stock Repurchase Excise Tax | Insights

31, 2022. Thus, the stock repurchase excise tax generally applies to repurchases that occur after the effective date (i.e., Jan. 1, 2023), even ...

Banks and the Newly-Enacted Stock Buyback Tax - Vorys

Included within the Inflation Reduction Act of 2022 (the Act) signed into law by President Biden on August 16, 2022, is a one percent excise ...

Treasury and IRS Issue Interim Guidance on Stock Buyback Excise ...

The U.S. Treasury Department and the IRS issued new interim guidance regarding the Inflation Reduction Act's 1 percent excise tax owed on ...