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Lack Of Guidance Regarding Stock Buyback Excise Tax Worries Companies

Por: Forbes Business October 05, 2022

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The intention of Senate Finance Committee Chair Ron Wyden was clear in advocating for the excise tax on stock repurchases: to stop “mega-corporations” from using stock buybacks to “juice their stock prices and reward their executives and wealthiest investors through massive stock buybacks”. However, the legislation as it exists today may cast a larger net than was initially intended. NEW YORK, NY - AUGUST 25: A trader is reflected in a... + full article



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