A U.S. Treasury Department official acknowledged Monday that the agency has thus far put forth only limited guidance on carrying out the new corporate alternative minimum tax but said officials are working to come up with a comprehensive set of rules. Enacted in August under the Inflation Reduction Act (117 P.L. 169), the alternative minimum tax, or AMT, affects companies that report more than $1 billion in global adjusted financial statement income — as averaged over three years — and pay less than 15% of that amount in tax.
A&M Managing Director Kevin M. Jacobs presented at this year's Tax Executive Institute Conference, where he and fellow panelists discussed the challenges of the new corporate AMT and identified key areas that still need guidance. His comments have been highlighted by publications Tax Notes and Law360.
Alvarez & Marsal Strengthens Tax Transformation Capabilities with Longview Tax by insightsoftware
June 15, 2026
The strategic implementation partnership expands A&M's Tax Technology and Transformation capabilities, reinforcing its commitment to helping organisations modernise their tax functions in response to increasing regulatory complexity
Game-Changing Enhancements to Strengthen Hong Kong’s Position as a Leading Asset and Wealth Management Hub
June 12, 2026
The Hong Kong Government gazetted the long-awaited Inland Revenue (Amendment) (Preferential Tax Regimes for Funds, Family-owned Investment Holding Vehicles and Carried Interest) Bill 2026 (the “Bill”) on 12 June 2026. The Bill proposes enhancements to the existing preferential tax regimes for funds, family owned investment holding vehicles (“FIHVs”) managed by single family offices and the carried interest concession.
Game-Changing Enhancements to Strengthen Hong Kong’s Position as a Leading Asset and Wealth Management Hub
June 12, 2026
The Hong Kong Government gazetted the long-awaited Inland Revenue (Amendment) (Preferential Tax Regimes for Funds, Family-owned Investment Holding Vehicles and Carried Interest) Bill 2026 (“2026 Amendment Bill”) on 12 June 2026. The 2026 Amendment Bill introduced positive enhancements to the existing preferential tax regimes for funds, family owned investment holding vehicles (“FIHVs”) managed by single family offices, and carried interest.
A&M Tax Talks: Tax Policy Updates
June 11, 2026
The Tax Policy and Controversy (TPC) group at A&M Tax brings forward expert perspectives on the key developments shaping global tax policy.
