Insights and analysis on the tax law provisions in the "IRA"
On August 16, 2022, President Biden signed into law H.R. 5376 (commonly referred to as the Inflation Reduction Act of 2022 or IRA)—the budget reconciliation legislation that includes significant law changes related to tax, climate change, energy, and healthcare. From this page, you can access the latest KPMG updates and insights on the IRA.
KPMG report: Initial observations on round 4 of CAMT guidance in Notice 2023-64
September 25 report
Candy Land game helps taxpayers navigate the corporate alternative minimum system
Read July 24 article
Group instructions: book consolidated, tax consolidated, and single-employer
Read July 31 articleHow states approach conformity to federal tax laws
June 13, 2023 The manner in which states have incorporated or may incorporate in the future the income tax provisions of the Inflation Reduction Act into their own tax laws is an important issue taxpayers must take into account when determining the full impact of the IRA on their business. This article provides insights on how states approach conformity to federal tax laws and further analyzes how states may conform to key IRA provisions.
Download PDFReport | Effect of IRS funding on information reporting
KPMG TaxNewsFlash
Podcast | The Biden Tax Plan in a Post-IRA World: What Now?
KPMG Catching Up on Capitol Hill Episode 11-2022
Report | Analysis and Observations: Tax Law Changes in the “Inflation Reduction Act”
KPMG TaxNewsFlash
Report | IRA and CHIPS: Accounting for key tax provisions
KPMG Financial Reporting View Hot Topic
Article | Understanding and navigating requirements of the CAMT and proposed regulations
KPMG TaxNewsFlash
Article | Initial observations on proposed CAMT regulations
KPMG TaxNewsFlash
Article | Interplay of potential enactment of extenders with CAMT
KPMG TaxNewsFlash
Article | CAMT recent developments—changes to instructions for Schedule K-1
KPMG TaxNewsFlash
Journal Article | CAMTyland Adventures, Part III: 2023 Scope Bubble Corporations - Lost in Lollipop Woods
Tax Notes Federal
Article | Key takeaways from recent CAMT releases
KPMG TaxNewsFlash
Report | Draft forms provide insight into compliance burden imposed by new CAMT
KPMG TaxNewsFlash
Journal Article | CAMTyland Adventures, Part II: ‘Right-Sizing’ in the Licorice Lagoon
Tax Notes International
Journal Article | CAMTyland Adventures: Part I – A Guide to the Corporate Alternative Minimum Tax
Tax Notes International
Journal Article | Why REITs Should Be Paying Attention to the Corporate AMT
Tax Notes Federal
Podcast | I Literally CAMT: Dealing with Your International Min Tax Issues
KPMG Inside International Tax Episode 03-2023
Podcast | CAMT RuM&Ations: Exploring the Impact of Notice 2023-7 on Transactions
KPMG Inside International Tax Episode 02-2023
Insights | What Should CFOs, the C-Suite, and Tax Execs Know About the CAMT?
CAMT considerations and FAQs from KPMG (updated after IRS Notices 2023-7 and 2023-20)
Journal Article | Gold and Coal Found in Corporate Alternative Minimum Tax Guidance
Bloomberg Tax
Report | Initial Observations on Round 1 of CAMT Guidance in Notice 2023-7
KPMG TaxNewsFlash
Journal Article | Adventures in CAMTyland: The Partnership ‘Distributive Share Only’ Rule in the Corporate Alternative Minimum Tax
Tax Management Memorandum
Podcast | CAMT Stop, Won’t Stop: Corporate AMT under the Inflation Reduction Act
KPMG Inside International Tax Episode 09-2022
KPMG Washington National Tax Contact List
Report | Handbook: Tax Credits
KPMG Financial Reporting View
Report | Initial Observations on Guidance Relating to Clean Vehicle Credit under Section 30D
KPMG TaxNewsFlash
Report | Analysis and observations about prevailing wage and apprenticeship requirements
KPMG TaxNewsFlash
Insights | 48C Advanced Energy Project Credit
IRA updates related to the Section 48C tax credit from KPMG
Advanced Manufacturing Production Credit
Advanced Manufacturing Production Credit Eligible Components List
Summary of Credit Provisions in the Inflation Reduction Act
Journal Article | The Stock Buyback Excise Tax: Practical Considerations for Retirement Plans and Equity-Based Compensation Arrangements
Bloomberg Tax Management Compensation Planning Journal
Report | Stock repurchase excise tax and funding rule considerations for inbound taxpayers
KPMG TaxNewsFlash
Report | IRA stock buyback, practical considerations for retirement plans and equity-based compensation arrangements
KPMG TaxNewsFlash
Journal Article | Four Takeaways from Treasury's Corporate Stock Buyback Guidance
Bloomberg Tax
Report | Analysis and observations on initial guidance on new 1% stock repurchase excise tax
KPMG TaxNewsFlash
Journal Article | Current Events Roundup: The New Stock Buyback Excise Tax, ILM 202224010, and Deitch v. Commissioner
Journal of Taxation of Financial Products
Journal Article | Current Events Roundup: Stock Buyback Excise Tax, Corporate AMT, and Digital Asset Guidance
Journal of Taxation of Financial Products
Podcast | Technology Industry: Tax Incentives in the CHIPS Act and Inflation Reduction Act
KPMG Tax Through an Industry Lens
Report | Tax Provisions in the “Inflation Reduction Act of 2022” Relevant to the Banking Industry; Potential Implications
KPMG TaxNewsFlash
Insight
September 24, 2024 | Corporate Alternative Minimum Tax (CAMT) Update: Overview of Proposed Regulations
This webcast will highlight the significant provisions of the CAMT proposed regulations, released on September 12, 2024.
Insight
June 27, 2024 | Corporate Alternative Minimum Tax Compliance Considerations
This TaxWatch webcast will explore actionable steps to comply with the corporate alternative minimum tax (CAMT) regime and meet the related reporting requirements.
Insight
Asset Management Tax Webcast: Corporate Alternative Minimum Tax Compliance Considerations
Corporate Alternative Tax Compliance Considerations for Funds, Blocker Corps and Portfolio Companies
Service
Superfund excise taxes
Congress reinstated three excise taxes that affect the petroleum and chemicals industries.
Insight
Biden Administration Tax Legislation
Stay informed about potentially significant changes to the U.S. tax landscape.
Insight
Be ready for disruption - tax insights
Tax insights and analysis to help organizations respond with speed and confidence