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IRS Clarifies Rules for New Corporate Alternative Minimum Tax

|Approved Changes|United States
United States

The U.S. IRS announced the issuance of Notice 2023-64 on 12 September 2023, which provides additional interim guidance on the rules for the new corporate alternative minimum tax.

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IRS clarifies rules for new corporate alternative minimum tax

IR-2023-167, Sept. 12, 2023

WASHINGTON — The Department of Treasury and the Internal Revenue Service today issued Notice 2023-64 to provide additional interim guidance designed to help corporations determine whether the new corporate alternativ…