Andersen Managing Director Joe Calianno's comments were included in the recent Tax Notes article, IRS Appears to Favor Aggregate CFC Adjustment for Corporate AMT. The article includes several comments made by the participants in the December 9, 2022, ABA Webinar International Aspects of the 15% Book Minimum Tax – What You Need to Know, which was moderated by Calianno. In the Tax Notes article, Calianno was quoted as saying that guidance from IRS is needed regarding certain aspects of the new corporate alternative minimum tax, which is effective for tax years beginning after December 31, 2022.

Joe Calianno is a Managing Director in the US National Tax practice in the Washington D.C. office. He advises clients on all areas of international tax, including provisions related to the Tax Cuts and Jobs Act and cross-border restructuring.