{"abstract":"This document contains final regulations that provide guidance regarding the application of the excise tax on repurchases of corporate stock made after December 31, 2022. The regulations affect certain publicly traded corporations that repurchase their stock or whose stock is acquired by certain specified affiliates.","action":"Final regulations.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2025/11/24/2025-20721.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1","title":26},{"chapter":null,"citation_url":null,"part":"58","title":26}],"citation":"90 FR 53144","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective date: The final regulations are effective on November 24, 2025.","disposition_notes":null,"docket_ids":["TD 10037"],"dockets":[{"supporting_documents":[{"title":"Public Hearing Agenda (REG-115710-22)","document_id":"IRS-2024-0017-0032"}],"agency_name":"IRS","documents":[{"comment_count":0,"comment_start_date":"2025-11-24","updated_at":"2025-11-25T09:57:32.790-05:00","comment_url":"https://www.regulations.gov/commenton/IRS-2024-0017-0038","allow_late_comments":false,"id":"IRS-2024-0017-0038","comment_end_date":null,"regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":1,"id":"IRS-2024-0017","title":"Excise Tax on Repurchase of Corporate Stock (REG-115710-22)"}],"document_number":"2025-20721","effective_on":"2025-11-24","end_page":53190,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2025/11/24/2025-20721.xml","html_url":"https://www.federalregister.gov/documents/2025/11/24/2025-20721/excise-tax-on-repurchase-of-corporate-stock","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2025-20721?publication_date=2025-11-24","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2025-11-24/2025-20721/mods.xml","not_received_for_publication":null,"page_length":47,"page_views":{"count":3966,"last_updated":"2026-08-25 22:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-11-24/pdf/2025-20721.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-20721.pdf?1763732719","publication_date":"2025-11-24","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2025/11/24/2025-20721.txt","regulation_id_number_info":{"1545-BQ59":{"issue":"202504","html_url":"https://www.federalregister.gov/regulations/1545-BQ59/excise-tax-on-repurchase-of-corporate-stock","title":"Excise Tax on Repurchase of Corporate Stock","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202504&RIN=1545-BQ59&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1545-BQ59"],"regulations_dot_gov_info":{"supporting_documents":[{"title":"Public Hearing Agenda (REG-115710-22)","document_id":"IRS-2024-0017-0032"}],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BQ59/excise-tax-on-repurchase-of-corporate-stock","title":"Excise Tax on Repurchase of Corporate Stock"},"comments_count":0,"agency_id":"IRS","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2024-0017","supporting_documents_count":1,"docket_id":"IRS-2024-0017","document_id":"IRS-2024-0017-0038","regulation_id_number":"1545-BQ59","title":"Excise Tax on Repurchase of Corporate Stock (REG-115710-22)","checked_regulationsdotgov_at":"2025-11-26T18:55:05Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":53144,"subtype":null,"title":"Excise Tax on Repurchase of Corporate Stock","toc_doc":"Excise Tax on Repurchase of Corporate Stock","toc_subject":null,"topics":["Excise taxes","Income taxes","Reporting and recordkeeping requirements","Stocks"],"type":"Rule","volume":90}