Virginia Politics VA

Companies facing 1st tax on stock buybacks in Biden bill

Roanoke Times | Business

Aug 16, 2022

Democrats have pulled off a quiet first in legislation passed this month: the creation of a tax targeting stock buybacks. The bill includes a new 1% excise tax on companies' purcha…

Read the full story at Roanoke Times | Business

Companies facing 1st tax on stock buybacks in Biden bill

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