Today news
About the same in other media
Stock-Buyback Tax Helps Offset Cost of Changes to Inflation Reduction Act
Reading now: 755
Democrats added an all-new tax on corporate stock buybacks to the tax and spending legislation that narrowly cleared the Senate and is headed for a vote in the House later this week.
The measure was included late in the negotiations over the Inflation Reduction Act of 2022, the latest iteration of a Democratic bill that came to a head over the weekend. The 1% excise tax on buybacks, along with a 15% minimum tax on large company profits, would help raise revenue for government spending on climate and health programs.
Read more on wsj.comAbout this in other media
Inflation Reduction Act’s Real Climate Impact Is a Decade Away wsj.com /2 years ago
Crypto tax can wait, free coins can't: S. Korea mulls 'gift tax' for airdrops cointelegraph.com /2 years ago
Analysis: Have Finland 'partygate' videos helped or hurt Sanna Marin? euronews.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
