United States: SPAC Considerations: New Regs Proposed For Stock Repurchase Excise Tax - Greenberg Traurig, LLP
Wednesday, 17 April 2024 ()
On April 9, the Treasury Department and Internal Revenue Service issued two sets of proposed regulations (the Proposed Regulations) regarding the application of the excise tax on repurchases of corporate stock and the reporting and payment of such taxes.
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