United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2024_register executive 2024-09-13 article Part II Proposed Rules D09002ee1cb60e089 D09002ee1cb60e591 United States Department of the Treasury originator org United States Government Agency or Subagency United States Internal Revenue Service originator org United States Government Agency or Subagency This notice of proposed rulemaking provides proposed regulations that would address the application of the corporate alternative minimum tax, which is imposed on the adjusted financial statement income of certain corporations based on their applicable financial statements for applicable taxable years beginning after 2022. The proposed regulations would affect taxpayers that are applicable corporations, certain taxpayers that own interests in applicable corporations, and certain entities in which applicable corporations hold interests. This document also provides notice of a public hearing on the proposed regulations. 89 FR 75062 https://www.govinfo.gov/app/details/FR-2024-09-13/2024-20089 2024-20089 fr13se24-7 RIN 1545-BQ84 4830-01-P REG-112129-23 https://www.govinfo.gov/app/details/FR-2024-09-13/2024-20089 https://www.govinfo.gov/content/pkg/FR-2024-09-13/html/2024-20089.htm https://www.govinfo.gov/content/pkg/FR-2024-09-13/pdf/2024-20089.pdf Income Taxes Reporting and Recordkeeping Requirements 182 p. 75062 75243 89 FR 75062 Title 26 Part 1 26 CFR Part 1 RIN 1545-BQ84 Corporate Alternative Minimum Tax Applicable After 2022; Federal Register Vol. 89, Issue PRORULE 2024-20089 II DEPARTMENT OF THE TREASURY Internal Revenue Service 2024-12-12 2025-01-16 REG-112129-23 4830-01-P 2024-20089 Notice of proposed rulemaking and notice of public hearing.

This notice of proposed rulemaking provides proposed regulations that would address the application of the corporate alternative minimum tax, which is imposed on the adjusted financial statement income of certain corporations based on their applicable financial statements for applicable taxable years beginning after 2022. The proposed regulations would affect taxpayers that are applicable corporations, certain taxpayers that own interests in applicable corporations, and certain entities in which applicable corporations hold interests. This document also provides notice of a public hearing on the proposed regulations.

Written or electronic comments on this proposed rule must be received by December 12, 2024. A public hearing on these proposed regulations is scheduled to be held on January 16, 2025, at 10 a.m. Eastern Time (ET). Requests to speak and outlines of topics to be discussed at the public hearing must be received by December 12, 2024. If no outlines are received by December 12, 2024, the public hearing will be cancelled. Requests to attend the public hearing must be received by 5 p.m. ET on January 14, 2025. Concerning proposed Sec. Sec. 1.56A- 1, 1.56A-9, and 1.56A-23, except for paragraphs (e) and (f), Madeline Padner at (202) 317-7006, concerning proposed Sec. Sec. 1.56A-2 and 1.56A-3, Frank Dunham III at (202) 317-7009, concerning proposed Sec. Sec. 1.56A-11, 1.56A-12, and 1.59-2, except for paragraphs (e), (f) and (h), John Aramburu at (202) 317-7006, concerning proposed Sec. 1.56A-17, James Yu at (202) 317-4718, and concerning proposed Sec. Sec. 1.56A-15 and 1.56A-16, except for issues related to partnerships, C. Dylan Durham at (202) 317-7005, each of the Office of Associate Chief Counsel (Income Tax and Accounting), and for issues related to partnerships, Yosef Koppel, Elizabeth Zanet, or Brian Barrett of the Office of Associate Chief Counsel (Passthroughs and Special Industries), at (202) 317-6850; concerning proposed Sec. 1.56A-4, Daren J. Gottlieb at (202) 317-6938, concerning proposed Sec. 1.56A-6, Dylan J. Steiner at (202) 317-6934, concerning proposed Sec. 1.56A-7, Ryan Connery at (202) 317-6933, concerning proposed Sec. Sec. 1.56A-8 and 1.59-4, John J. Lee at (202) 317-6936, concerning proposed Sec. 1.56A-26(d), Michelle L. Ng at (202) 317-6939, concerning proposed Sec. 1.56A-27, Joel Deuth at (202) 317-6938, and concerning proposed Sec. 1.59-3, Karen Walny at (202) 317-6938, each of the Office of Associate Chief Counsel (International); concerning proposed Sec. Sec. 1.56A-18, 1.56A-19, 1.56A-21, 1.56A-26, 1.1502-2, 1.1502-3, 1.1502-53, 1.1502-55, and 1.1502-56A, Jeremy Aron-Dine, William W. Burhop, or John Lovelace, concerning proposed Sec. Sec. 1.56A-23(e) and (f) and 1.59-2(f) and (h), Jeremy Aron-Dine and William W. Burhop, each of the Office of Associate Chief Counsel (Corporate) at (202) 317- 3181; concerning proposed Sec. 1.56A-13, Diane Bloom at 202-317-6301, concerning proposed Sec. 1.56A-14, Seth Groman at 202-317-5640, and concerning proposed Sec. 1.59-2(e), Chris Dellana at 202-317-4726, each of the Office of Associate Chief Counsel (Employee Benefits, Exempt Organizations, and Employment Taxes); concerning proposed Sec. Sec. 1.56A-5, 1.56A-10, and 1.56A-20, Yosef Koppel, Elizabeth Zanet, or Brian Barrett, each of the Office of Associate Chief Counsel (Passthroughs and Special Industries) at (202) 317-6850; concerning proposed Sec. 1.56A-22, Ian Follansbee at (202) 317-6995, concerning proposed Sec. Sec. 1.56A-24 and 1.56A-25, Vanessa Mekpong at (202) 317-6842, each of the Office of Associate Chief Counsel (Financial Institutions and Products); concerning submissions of comments or the public hearing, the Publications and Regulations Section, (202) 317- 6901 (not toll-free numbers) or by email at publichearings@irs.gov (preferred). Income Taxes Reporting and Recordkeeping Requirements Corporate Alternative Minimum Tax Applicable after 2022, publichearings@irs.gov https://www.regulations.gov Vol. 89, no. 178 Office of the Federal Register, National Archives and Records Administration 2024-09-13 continuing daily deposited born digital 621 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2024-09-13 P0b002ee1cb608f7c 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr13se24 https://www.govinfo.gov/app/details/FR-2024-09-13 https://www.govinfo.gov/content/pkg/FR-2024-09-13/pdf/FR-2024-09-13.pdf https://www.govinfo.gov/content/pkg/FR-2024-09-13/xml/FR-2024-09-13.xml fdlp 74829 75443 DGPO 2024-09-13 2024-09-13 FR-2024-09-13 machine generated eng FR FR-2024-09-13 89 178