In 2022, lawmakers introduced a new excise tax on stock repurchases. This one percent tax applies to net share repurchases of large corporations and was projected to raise $73.6 billion over a decade.

The Inflation Reduction Act of 2022 enacted a new 1 percent excise tax on stock buybacks. The tax was meant to raise revenue for new green energy spending and to address the disparate tax treatment of ...

The IRS finalized regulations for the 1% excise tax on corporate stock repurchases under Sec. 4501 — and one heavily criticized proposed provision is gone. The final rules (T.D. 10037), released Nov.