June 15, 2023
Complex calculations - exploring the Corporate AMT (Tax Analysts)
In a Q&A article first published by Tax Analysts, Rayth Myers and Enrica Ma, both with Ernst & Young LLP's National Tax Department in Washington, DC, discuss the challenges and international tax issues companies will need to navigate when analyzing the impact of the Inflation Reduction Act's Corporate Alternative Minimum Tax (CAMT). They urge companies to act now to understand how to identify and track the information they'll need to comply with the CAMT, as well as to pinpoint company-specific issues so they may consider how to implement any necessary changes.
Find the full article attached below.
Full text of article