Treasury Department Final Rule

2025-23460: Excise Tax on Repurchase of Corporate Stock; Correction

Get alerted when the next rule lands

New rules open for comment on their own schedule. Pick how you want to hear about them — we email you when one appears.

Alert me on new Treasury Department rules or alert me on a subject

Publishing to members? Embed a live rule tracker on your own site — the proposed rules in your area and the comment deadlines closing on them, updating themselves. Free, one line of HTML.

Create a free account & build one →

Summary

This document includes corrections to Treasury Decision 10037 published in the Federal Register on Monday, November 24, 2025. Treasury Decision 10037 contains final regulations that provide guidance regarding the application of the excise tax on repurchases of corporate stock made after December 31, 2022.

The agency’s own summary, as published.

The rule, in full

464 words as published, December 19, 2025. View the original →

Federal Register, Volume 90 Issue 242 (Friday, December 19, 2025) [Federal Register Volume 90, Number 242 (Friday, December 19, 2025)] [Rules and Regulations] [Pages 59379-59380] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2025-23460] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 58 [TD 10037] RIN 1545-BQ59 Excise Tax on Repurchase of Corporate Stock; Correction

Agency

Internal Revenue Service (IRS), Treasury.

Action

Final rule; correction and correcting amendments. -----------------------------------------------------------------------

Summary

This document includes corrections to Treasury Decision 10037 published in the Federal Register on Monday, November 24, 2025. Treasury [[Page 59380]] Decision 10037 contains final regulations that provide guidance regarding the application of the excise tax on repurchases of corporate stock made after December 31, 2022.

Dates

Effective date: These corrections are effective on December 19, 2025. Applicability date: For dates of applicability, see Sec. Sec. 1.1275-6(f)(12)(iii)(B), 58.4501-6, 58.4501-7(r), and 58.6011-1(d).

For Further Information Contact

Concerning Sec. 58.4501-7, Brittany

N. Dobi of the Office of Associate Chief Counsel (International) at

(202) 317-5469 (not a toll-free number). For all other issues, Kailee

Supplementary Information

Background The final regulations (TD 10037) subject to these corrections are issued under sections 1275, 4501, and 6011 of the Internal Revenue Code (Code). Correction of Publication Accordingly, FR Doc. 2025-20721 (TD 10037), appearing on page 53144 in the Federal Register on Monday, November 24, 2025, is corrected as follows:

1. On page 53150, in the second column, in the first full

paragraph, the sixth line from the top of the paragraph is corrected to read ``purposes. See Sec. 1.368-2(m)(3)(iii)''.

2. On page 53150, in the third column, in the second full

paragraph, the sixth line from the top of the paragraph is corrected to read ``Sec. 1.368-2(m)(3)(iii)), and because such a''. List of Subjects in 26 CFR Part 58 Excise taxes, Stocks, Reporting and recordkeeping requirements. Correction to the Regulations Accordingly, 26 CFR part 58 is corrected by making the following correcting amendments: PART 58--STOCK REPURCHASE EXCISE TAX 0 Paragraph 1. The authority citation for part 58 continues to read in part as follows: Authority: 26 U.S.C. 4501(f) and 7805. 0 Par. 2. Section 58.4501-5 is amended by removing the first two sentences of paragraph (b)(11)(ii) and revising the last sentence of paragraph (b)(11)(iii) to read as follows: Sec. 58.4501-5 Examples. * * * * * (b) * * * (11) * * * (iii) * * * Consequently, Corporation X's stock repurchase excise tax base for its 2025 taxable year is $20x ($100x-$80x). * * * * * Oluwafunmilayo A. Taylor, Chief, Publications and Regulations Section, Associate Chief Counsel. (Procedure and Administration) [FR Doc. 2025-23460 Filed 12-18-25; 8:45 am] BILLING CODE 4831-GV-P

What this changes

Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.

Don't miss the comment window

One Click Politics alerts you on every deadline, hearing, and rule change.

See all rules with comments due soon →