Birdwatch Note Rating
2024-03-11 15:43:34 UTC - HELPFUL
Rated by Participant: 538C7263580F9453EC9DDBB43593ECBF8A2F63B12FF2A43D1CE1B3AEBBBD6544
Participant Details
Original Note:
The Inflation Reduction Act, signed by President Biden in 2022, created the CAMT, which imposes a 15% minimum tax on the on the adjusted financial statement income (AFSI) of large corporations for taxable years beginning after Dec. 31, 2022. https://www.irs.gov/newsroom/irs-clarifies-rules-for-new-corporate-alternative-minimum-tax https://pro.bloombergtax.com/brief/the-inflation-reduction-act-corporate-tax-provisions/
All Note Details