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U.S. Treasury and IRS Issue Final Regulations on How to Report and Pay the Corporate Stock Repurchase Excise Tax

02 July 2024

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Approved Changes

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United States

The U.S. IRS has announced the issuance of final regulations on how to report and pay the corporate stock repurchase excise tax. The regulations are scheduled to be formally published in the Federal Register on 3 July 2024. --- Treasury and IRS announce final regulations on how to report and pay the corporate stock repurchase excise tax IR-2024-179, June 28, 2024 WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued final regulations that provide taxpayers and tax professionals with guidance on how to report and pay the 1 percent excise tax owed on corporate stock...