author_orbitax
Orbitax

Share This Article

IRS Provides Additional Interim Guidance for New Corporate Alternative Minimum Tax

19 December 2023

|

Approved Changes

|

United States

The U.S. IRS announced the issuance of Notice 2024-10 on 15 December 2023, which provides additional interim guidance on the new corporate alternative minimum tax. --- IRS clarifies rules for corporate alternative minimum tax IR-2023-241, Dec. 15, 2023 WASHINGTON — The Department of Treasury and the Internal Revenue Service today issued Notice 2024-10 to provide additional interim guidance on the new corporate alternative minimum tax (CAMT). Previously, the IRS issued Notice 2023-64, which clarifies and supplements Notice 2023-07 and Notice 2023-20 issued earlier this year. Treasury and IRS anticipate that forthcoming proposed regulations will be consistent with this interim guidance....