Treasury Issues Interim CAMT Guidance to Reduce Burdens, Support U.S. Investment, and Maximize Growth

WASHINGTON— Today, the U.S. Department of the Treasury and the Internal Revenue Service issued additional guidance on the Corporate Alternative Minimum Tax (CAMT), reducing compliance burdens and delivering clarity to the complex Biden-era tax regime.“Democrats’ CAMT regime is a flawed, partisan experiment hatched in the minds of liberal academics who lacked practical experience. In the real world, CAMT disrupted productive business activities and added undue costs, while failing to deliver on promised tax revenues,” said Secretary of the Treasury Scott Bessent. “President Trump’s Treasury Department will continue to restore sanity to tax administration, using its authority to provide clarity and to keep bureaucracy out of the way of job growth and investment.”Under one-party Democrat control, the CAMT labyrinth has imposed significant administrative costs—even in cases where no CAMT is owed—while penalizing businesses that hire and invest in the United States.