New Corporate Minimum Tax and Stock Repurchase Tax Will Take Effect in 2023, but Questions Remain

The corporate alternative minimum tax (CAMT) and the excise on stock repurchases, each enacted as part of the Inflation Reduction Act of 2022, will soon become effective — for the CAMT, for taxable years beginning after December 31, 2022, and in the case of the stock repurchase excise tax, for repurchases occurring after that date. Both provisions establish novel tax regimes that will require expert tax guidance for affected companies to navigate successfully.
{$excerpt:n}
Source: New Corporate Minimum Tax and Stock Repurchase Tax Will Take Effect in 2023, but Questions Remain