United States: New Year, New Useful Guidance: Clarification On Inflation Reduction Act's New Excise Tax For Share Redemptions - McNees Wallace & Nurick

United States: New Year, New Useful Guidance: Clarification On Inflation Reduction Act's New Excise Tax For Share Redemptions - McNees Wallace & Nurick

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This past summer under the Inflation Reduction Act, Congress enacted new Internal Revenue Code ("Code") Section 4501, which imposes an excise tax on certain corporate redemptions...

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