The American Institute of CPAs asked the Treasury Department and the Internal Revenue Service to revise three of their recent notices on the corporate alternative minimum tax. The OECD has already moved to exempt most U.S. corporations from its global minimum tax under pressure from the Trump administration. These adjustment rules require taxpayers to reverse purchase accounting and push-down accounting adjustments for CAMT purposes. Allow a common parent (or other designated agent) of a CAMT tax consolidated group to file a single Form 4626, computing CAMT on a tax consolidated group basis. We also got two major, very dramatic CAMT Notices, 2025-46 and 2025-49.