Treasury publishes draft regulations of the Hustler Fund; set to be launched on December 1 | Citizen TV Kenya

📊 New IRS Rules: 1% Excise Tax on Stock Buybacks Explained 💼💸 Learn about the Treasury and IRS's new rules on the 1% excise tax for corporate stock repurchases, introduced by the Inflation Reduction Act. 🌟 This tax applies to stocks repurchased after December 31, 2022. Corporations must use Forms 720 and 7208 to report and calculate this tax, due by October 31, 2024, for certain taxable years. Find out how these regulations aim to streamline compliance for corporations and tax professionals.