Increases the excise tax rate on corporate stock repurchases to 4%.
The Stock Buyback Accountability Act of 2026 amends the Internal Revenue Code to raise the excise tax rate on corporate stock repurchases from 1% to 4%. This change applies to repurchases made after the bill's enactment. The bill also modifies the adjustments for stock repurchases occurring in the same taxable year as the bill's enactment. The new tax rate aims to address corporate stock buybacks, affecting corporations and their shareholders.
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