6/7/2024 8:56:44 AM The U.S. 1% excise tax on stock repurchases may apply to share buybacks made by foreign issuers more often than they think By Ron Creamer Adrien Soumagne Beginning in 2023, publicly-traded U.S. corporations are subject to a 1% excise tax on the fair market value of the stock repurchases...
1/29/2021 1:25:05 PM President Biden’s tax proposals By J. Leonard Teti II On January 20, 2021, Joseph R. Biden, Jr., took office as the US President. As Washington’s focus now turns to policy-making, there are...
11/4/2019 4:32:30 PM US Treasury Department Loosens “Earnings Stripping” Rules By J. Leonard Teti II The latest salvo in a years-long struggle to administer US “earnings stripping” rules took another turn on 31 October, when the US...