Back in early 2022, the SEC required companies to include filing fee disclosures for fee-bearing filings, such as Securities Act registration statements, in the newly created Exhibit 107. Here’s the final rule. Like so many new SEC rules, there is an Inline XBRL tagging requirement for the filing fee exhibit, which is now going into effect.
Effective July 31, 2024, large accelerated filers are required to structure Exhibit 107 filing fee tables using Inline XBRL. All other filers, including accelerated filers, have until July 31, 2025, to comply with the XBRL tagging requirements but are permitted to comply early if they’d like.
The XBRL tagging process can take time, so be sure to plan accordingly when you expect to file Exhibit 107. Back in June, the SEC put out an announcement with helpful links regarding technical and structured data aspects of the filing fee requirements.