Excise Tax on Repurchase of Corporate Stock; Correction

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Internal Revenue Service 26 CFR Part 58 [TD 10037] RIN 1545-BQ59 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 ( printed page 59380) 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…