The U.S. IRS has announced that penalty relief will be granted for corporations that did not pay estimated tax related to the new corporate alternative minimum tax.
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IRS grants penalty relief for corporations that did not pay estimated tax related to the new corporate alternative minimum tax
IR-2023-110, June 7, 2023
WASHINGTON — The Department of Treasury and the Internal Revenue Service today issued Notice 2023-42, which will grant penalty relief for corporations that did not pay …