Congressional Research Service Issues In Focus White Paper on Excise Tax on Stock Repurchases & Tax Advantages of Buybacks Over Dividends
August 11, 2022
August 11, 2022
WASHINGTON, Aug. 11 (TNSrep) -- The Congressional Research Service issued the following In Focus white paper on the excise tax on stock repurchases and tax advantages of buybacks over dividends (No. IF11960) Aug. 10, 2022, by economic policy senior specialist Jane G. Gravelle.
Here are excerpts:
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The Build Back Better Act (H.R. 5376), as reported by the Committee on the Budget, includes a provision to impose a 1% excise tax on stock repurchases by publ . . .
Here are excerpts:
* * *
The Build Back Better Act (H.R. 5376), as reported by the Committee on the Budget, includes a provision to impose a 1% excise tax on stock repurchases by publ . . .