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Journal of Accountancy · Recently
New regs. reshape 1% stock buyback tax, drop funding rule
Tax Brief summary and classification of the original reporting.
Bottom Line
💡 New regs. reshape 1% stock buyback tax, drop funding rule. Worth reviewing for potential client impact.
Summary
The IRS published final regulations that scrap the proposed funding rule and ease compliance for M&A deals, preferred stock, and netting provisions.
Classification
Category: fyiPriority: importantReason: Contains 'compliance' - significant update
Affected Groups
All tax practitioners
Related Topics
Original Source
We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.
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