Latest Breaking News On - Buyback tax notice - Page 1 : comparemela.com

On December 27, 2022, Treasury released Notices 2023-7 and 2023-2 (the "Notices"). The Notices provide initial guidance on the 15% corporate minimum tax on the book income of large corporations (the "CAMT").

Corporation statusInflation reduction actBuyback taxBuyback tax noticeTreasury regulationsNonrecognition transactionsCovered nonrecognition transactionCovered nonrecognitionNonrecognition transactionTreasury releases guidance on 15 corporate minimum taxTax on stock buybacksIncome taxTax authorities