IRS Finalizes Stock Buyback Tax Rules
Treasury and the IRS have released final regulations on the 1% excise tax on the value of stock repurchased by …
ESOPs A Powerful Alternative to Traditional M&A Transactions – Interviews
Randy A. Schwartzman, CPA, MST Mr. Schwartzman is a contributing editor for PTAB and a Retired Partner, National Tax Office, …
Trade Org Says Proposed Regs on Corp Stock Buyback Excise Tax Fails Loper Bright Standard
Following a landmark Supreme Court ruling that ended the four-decade era of the Chevron doctrine, a non-profit industry trade group reiterated previous …
SEC Plans to Finalize 30 Proposed Rules in Near Term
When the Securities and Exchange Commission’s semiannual update to its rulemaking agenda was unveiled in mid-June 2023, there were 37 …
Client Letter: Stock Repurchase Excise Tax
Dear Client: I understand you have established (plan to establish) a stock repurchase program whereby your corporation is (will be) …
The Long Read: Excise on Stock Buybacks Draws Mixed Response
A last-minute modification to the Inflation Reduction Act of 2022 (H.R. 5376) resurrected a proposal to raise tax revenue from corporate stock …
Final REGs on SEC. 958(b) Ownership Attribution Rules
The IRS has issued final regs on the ownership attribution rules under Code Sec. 958(b); that Code section was modified by …
Supreme Court: employee stock options aren’t “compensation” under RRTA
The Supreme Court, in a 5-4 decision reversing and remanding the Seventh Circuit judgment and resolving a circuit split, has …