Interim Guidance on New U.S. Corporate Alternative Minimum Tax

The U.S. Treasury Department and the IRS have issued interim guidance on the new corporate alternative minimum tax.
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Treasury, IRS issue interim guidance on new corporate alternative minimum tax
IR-2022-229, December 27, 2022
WASHINGTON — The Treasury Department and the Internal Revenue Service today issued Notice 2023-07, which provides interim guidance regarding the application of the new corporate alternative minimum tax (CAMT) until the issuance of proposed regulations.
The Infl…