EXCISE TAX
Internal Revenue Bulletin 2025-51 · 2026-10-03 edition · updated 2026-10-04 · United States
T.D. 10037, page 788. Section 10201 of Public Law 117-169, 136 Stat. 1818 (August 16, 2022), commonly referred to as the Inflation Reduction Act of 2022, enacted section 4501 of the Internal Revenue Code. Section 4501 imposes a one percent excise tax on repurchases of stock of a publicly traded corporation. These final regulations under subpart A of part 58 contain operative rules that provide further clarity regarding the application of the excise tax to corporations that repurchase their stock.
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