Excise Tax on Repurchase of Corporate Stock-Procedure and Administration
other · IRS · Rule · Published 2024-07-03 · Effective 2024-06-28 · 89 FR 55045
Document
Document number
2024-14426
Federal Register citation
89 FR 55045
CFR reference
26 CFR 58
Type
Rule
Action
Final regulations.
Category
other
Sub-agency
IRS
Publication date
2024-07-03
Effective date
2024-06-28
Treasury docket
TD 10002
Abstract
This document contains final regulations that provide guidance regarding the reporting and payment of the excise tax on repurchases of corporate stock made after December 31, 2022. The regulations affect certain publicly traded corporations that repurchase their stock or whose stock is acquired by certain specified affiliates.