Tax Readiness:Proposed CAMT regulations – Additional complexity and administrative burdens
October 8 @ 2:00 pm – 3:30 pm EDT
Treasury and the IRS on September 12, 2024, issued proposed regulations on the application of the corporate alternative minimum tax (CAMT). Although the proposed regulations provide needed clarity to taxpayers on the applicability and implementation of the CAMT, they also illustrate how complex the CAMT will be for taxpayers and the IRS. On this webcast, we will discuss numerous rules contained in the proposed regulations to determine who is an applicable taxpayer and how to compute applicable financial statement income (AFSI), including mark-to-market and hedging transactions, depreciation, partners distributive share of partnership AFSI, corporate reorganizations, and various international rules. Eligible for 1.5 Tax CPE via live participation.
