January 9, 2024
Bloomberg Tax quoted National Tax Leader Joseph Perry on the ripple effect CAMT may have on banks and FDIC-assisted deals
Bloomberg Tax
By Caleb Harshberger
Excerpt:
Language in the corporate alternative minimum tax changes the way gains from federal financial assistance from the Federal Deposit Insurance Corporation are taxed in a way that could blunt future efforts to stave off banking crises such as the one seen last spring.
