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Inflation Reduction Act Creates New Corporate Minimum Tax

The Inflation Reduction Act of 2022, signed by US President Joseph Biden on August 16, 2022, includes a new alternative minimum tax for corporations with profits of more than $1 billion....more

8/17/2022  /  Alternative Minimum Tax , Corporate Taxes , Foreign Tax Credits , Inflation Reduction Act (IRA) , International Tax Issues , IRS , Tax Credits
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