IRS Internal Revenue Bulletin: I.R.B. 2023-3 Released

The IRS Jan. 13 released Internal Revenue Bulletin 2023-3, dated Jan. 17, 2023, containing 14 items including three that provide guidance in light of the Inflation Reduction Act of 2022: Notice 2023-2 announcing forthcoming proposed regulations on the application of the stock repurchase excise tax; Announcement 2023-1 on the reference standard to be used to determine allowable energy-efficient commercial building property deduction amounts; and Notice 2023-7 announcing an intent to issue proposed regulations addressing application of the corporate alternate minimum tax; Also included are Notice 2023-1 (intent to propose regulations relating to clean vehicle ...