Additional Interim Guidance Regarding the Application of the Corporate Alternative Minimum Tax under Sections 55, 56A, and 59 of the Internal Revenue Code (Notice 2023-64)

15 organizations filed 15 public comments on Additional Interim Guidance Regarding the Application of the Corporate Alternative Minimum Tax under Sections 55, 56A, and 59 of the Internal Revenue Code (Notice 2023-64), at the Internal Revenue Service. The comment window closed 1020d ago.

Abstract

This notice provides additional interim guidance to further clarify the application of the new corporate alternative minimum tax (CAMT). The CAMT was added to the Internal Revenue Code (Code) by the enactment of § 10101 of Public Law 117-169, 136 Stat. 1818, 1818-1828 (August 16, 2022), commonly referred to as the Inflation Reduction Act of 2022 (IRA), effective for taxable years beginning after December 31, 2022.

Commenters (15)

• Alliance for Competitive Taxationtrade assoc.

  1 filing · confidence 85%
• American Benefits Counciltrade assoc.

  1 filing · confidence 85%
• American Chemistry Counciltrade assoc.

  1 filing · confidence 97%
• American Council of Life Insurerstrade assoc.

  1 filing · confidence 85%
• American Exploration & Production Counciltrade assoc.

  1 filing · confidence 85%
• Edison Electric Institutetrade assoc.

  1 filing · confidence 97%
• Evonik Corporationunverified attribution

  1 filing · confidence 70%
• Information Technology Industry Counciltrade assoc.

  1 filing · confidence 97%
• Marathon Oil Companyunverified attribution

  1 filing · confidence 70%
• National Association of Manufacturers (NAM)trade assoc.

  1 filing · confidence 97%
• National Foriegn Trade Counciltrade assoc.

  1 filing · confidence 85%
• New York State Bar Association Tax Sectiontrade assoc.

  1 filing · confidence 85%
• Novo Nordisk Inc.unverified attribution

  1 filing · confidence 70%
• Orsted Wind Power North America LLCunverified attribution

  1 filing · confidence 70%
• U.S. Chamber of Commerce

  1 filing · confidence 97%