CAMT, Double-Counting, and Treasury's Unwelcome Mr. Fix-It Role
The Inflation Reduction Act's new corporate book minimum tax could tax foreign earnings twice. Treasury can fix it--but its use of regulatory authority may become a Pandora's Box.
The Inflation Reduction Act's new corporate book minimum tax could tax foreign earnings twice. Treasury can fix it--but its use of regulatory authority may become a Pandora's Box.