created more rigid standards for tax-free spin-offs. ▪ Corporate Alternative Minimum Tax (“CAMT”): The IRS issued new guidance on CAMT, including how it applies to M&A transactions. This guidance generally aligns CAMT principles in relevant part with the corresponding provisions of the “regular” federal income tax law. “Tax developments… affect the values of applicable targets and should be considered in structuring transactions as well.” 2025 M&A Annual Review 49
RkJQdWJsaXNoZXIy NTU5OTQ5