Kirkland Discusses Proposed Regulations for Excise Tax on Share Repurchases
Reynolds Holding
APRIL 21, 2024
Department of Treasury and the Internal Revenue Service published proposed regulations regarding the 1% excise tax on certain stock redemptions and economically similar transactions (corporate “repurchases”) by publicly traded U.S. Treasury and the IRS have requested comments on the proposed regulations. On April 12, 2024, the U.S.
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