Latest Breaking News On - Notice 2023 7 provides initial guidance regarding the corporate alternative minimum tax - Page 1 : comparemela.com

The Notice contains a safe harbor for a corporation to determine whether it is subject to the CAMT for the corporation's first taxable year beginning after 2022.

Effect of partnerships on applicable corporationCorporate alternative minimumInflation reduction actAdjusted financial statementYear safe harborDetermining applicable corporationApplicable financialApplicable financial statementNonrecognition transactionsRegarding tangible depreciable assetsApplicable corporationNotice 2023 7 provides initial guidance regarding the corporate alternative minimum taxIncome taxTax authorities