WASHINGTON, Feb. 11 -- Internal Revenue Service has issued a rule called: Excise Tax on Repurchase of Corporate Stock; Correction.
The rule was published in the Federal Register on Feb. 11 by Oluwafunmilayo A. Taylor, Chief, Publications and Regulations Section, Associate Chief Counsel (Procedure and Administration).
Summary: This document includes corrections to final regulations (TD 10037) published in the Federal Register(90 FR 53144) on Monday, November 24, 2025, providing guidance regarding the application of the excise tax on repurchases of corporate stock made after December 31, 2022.
For more information, contact Concerning * 58.4501-7, Brittany N. Dobi of the Office of Associate Chief Counsel (International) at 202/317-5469 (not...