ArticleTreasury Publishes Proposed Corporate Alternative Minimum Tax Regulations
September 26, 2024The Inflation Reduction Act of 2022, signed into law on August 16, 2022, created a new corporate alternative minimum tax (CAMT) for taxable years beginning after December 31, 2022. On September 12, 2024, after issuing multiple pieces of interim guidance, Treasury and the IRS released a 604-page package of proposed regulations related to the CAMT regime.