Complexities and Unintended Consequences of US International Tax Rules: Options for Reform on Nostr: IRS Issues Final Regulations for Tax on Corporate Stock Buybacks =============== ...
IRS Issues Final Regulations for Tax on Corporate Stock Buybacks
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#b810b9dd ver:0.1
The IRS has issued final regulations for the excise tax on corporate stock buybacks, implementing a new tax code section. The tax applies to public companies and repurchases over $1 million starting after December 31, 2022. Real estate investment trusts and regulated investment companies are exempt. The tax should be reported on Form 720 and a new form, Form 7208, is used to calculate the amount owed. The regulations affect publicly traded corporations that repurchase their stock after December 31, 2022. #IRS #taxregulations #stockbuybacks...
#newstr #Irs #Tax #CorporateStockBuybacks #ExciseTax #Regulations
https://here.news/story/b810b9dd?ver=0.1
===============
#b810b9dd ver:0.1
The IRS has issued final regulations for the excise tax on corporate stock buybacks, implementing a new tax code section. The tax applies to public companies and repurchases over $1 million starting after December 31, 2022. Real estate investment trusts and regulated investment companies are exempt. The tax should be reported on Form 720 and a new form, Form 7208, is used to calculate the amount owed. The regulations affect publicly traded corporations that repurchase their stock after December 31, 2022. #IRS #taxregulations #stockbuybacks...
#newstr #Irs #Tax #CorporateStockBuybacks #ExciseTax #Regulations
https://here.news/story/b810b9dd?ver=0.1