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European Tax

1 result for: share buybacks

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...