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KPMG article: Notice 2026-7 offers series of shortcuts in applying CAMT rules

It is anticipated that the notice will inform forthcoming proposed regulations.

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May 8, 2026

Notice 2026-7—the latest guidance on the corporate alternative minimum tax (CAMT) issued in February—introduces a series of shortcuts around some of the regime’s most frustrating obstacles.

It is anticipated that the rules in the notice will inform forthcoming proposed regulations, which promise to further reshape the CAMT landscape.

Read an April 2026 article* prepared by KPMG LLP tax professionals that discusses the various shortcuts in applying the CAMT rules offered under Notice 2026-7.

* This article originally appeared in Tax Notes Federal (April 27, 2026) and is provided with permission.

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