September 26, 2024
Treasury Issues Complex Mammoth Proposed Regs for CAMT
Treasury released an extensive set of proposed regulations for implementing the corporate alternative minimum tax on September 12. The proposed regulations generally follow interim guidance released over the last two years (with certain significant changes) while also introducing new rules. A&M Tax Managing Director, Kevin M. Jacobs shares his initial observations on the highly complex proposed regulations, highlighting potential implications and compliance challenges for taxpayers.