Scott Fryman

Scott Fryman

White & Case LLP

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New 1% Excise Tax on Stock Buybacks May Have Far-Reaching Consequences for Capital Markets, SPAC and M&A Transactions

On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022, H.R. 5376 (the "Act"), a reconciliation bill that revives parts of the tax legislation from the ill-fated Build Back Better Act as part...more

8/22/2022  /  Acquisitions , Biden Administration , Capital Markets , Excise Tax , Inflation Reduction Act (IRA) , Mergers , Share Buybacks , Special Purpose Acquisition Companies (SPACs)
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