Alternative minimum tax: Latest News, Top Stories & Analysis

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has unveiled proposed regulations to provide clarity on the Corporate Alternative Minimum Tax (CAMT), introduced by the Inflation Reduction Act. The CAMT …

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Treasury Department and IRS Issue Interim Guidance on New Corporate Alternative Minimum Tax

December 18, 2023December 17, 2023 - by Maryann Pugh

The Department of Treasury, in collaboration with the Internal Revenue Service (IRS), recently issued Notice 2024-10. This notice provides additional interim guidance on the new corporate alternative minimum tax (CAMT). …