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US Treasury sets rules for 15% minimum tax on biggest, most profitable companies

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The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S. revenues over 10 years from about 100 large companies now paying an average rate of just 2.6%.

<p>WASHINGTON — The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S.

</p><p>Treasury officials declined to identify the 100 companies that likely would be subject to the tax, but added that they are now estimated to pay an average effective tax rate of 

 

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