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Excise Tax on Repurchase of Corporate Stock; Correction

---
identifier: "/us/fr/2025-23460"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Excise Tax on Repurchase of Corporate Stock; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "2025-23460"
section_name: "Excise Tax on Repurchase of Corporate Stock; Correction"
positive_law: false
currency: "2025-12-19"
last_updated: "2025-12-19"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "2025-23460"
document_type: "rule"
publication_date: "2025-12-19"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 58"
rin: "1545-BQ59"
fr_citation: "90 FR 59379"
fr_volume: 90
docket_ids:
  - "TD 10037"
effective_date: "2025-12-19"
fr_action: "Final rule; correction and correcting amendments."
---

#  Examples.

**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  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* §§ 1.1275-6(f)(12)(iii)(B), 58.4501-6, 58.4501-7(r), and 58.6011-1(d).

**FOR FURTHER INFORMATION CONTACT:**

Concerning § 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 H. Hock of the Office of Associate Chief Counsel (Corporate) at (202) 317-3181 (not a toll-free number).

**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* § 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 “§ 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**

**26 CFR Part 58**

*Paragraph 1.* The authority citation for part 58 continues to read in part as follows:

**Authority:**

26 U.S.C. 4501(f) and 7805.

**26 CFR Part 58**

*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:

§ 58.4501-5

(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)