Crypto-Friendly Move: Treasury Clarifies CAMT, Shielding Bitcoin Gains
14h05 ▪
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min read ▪ by
Summarize this article with:
The Bitcoin sector received encouraging news as the U.S. Department of the Treasury and the IRS issued temporary guidance on the Corporate Alternative Minimum Tax (CAMT). The guidance is designed to ease compliance for corporations and also covers firms in the digital asset sector.
In brief
- The U.S. Treasury and IRS released interim guidance on the Corporate Alternative Minimum Tax to give companies more certainty while final rules are being developed.
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