Brian S. Grieve

Apr 17, 2024 | lexology.com | Brian S. Grieve |Robert Holo |Matthew Jordan |Robert Killip |Brian R. Krause |Brad R. Okun | +9 more

In General & SummaryOn Tuesday, April 9, the Treasury Department and IRS issued two sets of proposed Treasury Regulations providing guidance on the corporate stock repurchase excise tax (collectively, the “Proposed Regulations”), which was imposed by the Inflation Reduction Act of 2022 (H.R. 5376) (the “IRA”)[1] and effective January 1, 2023.