The IRS and Treasury have issued final regulations that implement the excise tax on stock repurchases by publicly traded corporations under Code Sec. 4501, introduced in the Inflation Reduction Act of 2022. Proposed regulations on the computation of the tax were previously issued on April 12, 2024 (NPRM REG-115710-22) and final regulations covering the procedural a...
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San Francisco Small Business / Individual CPA Tax Service – Bay Area Accountants: Safe Harbor CPA / Accounting Firm - Business | International | Corporate in San Francisco, California
