SECTION 15. APPLICABILITY DATES

.01 The Treasury Department and the IRS intend to publish forthcoming proposed regulations in the Federal Register regarding the application of the CAMT that would include proposed rules consistent with the interim guidance provided in- (a) Sections 3 through 7 of Notice 2023-7, as modified and clarified by this notice,

(b) Sections 3 through 5 of Notice 2023-20, and (c) Sections 3 through 14 of this notice. It is anticipated that forthcoming proposed regulations would apply for taxable years beginning on or after January 1, 2024. .02 A Taxpayer may rely on the interim guidance described in section 15.01 of this notice for taxable years ending on or before the date forthcoming proposed regulations are published in the Federal Register. However, in any event, a Taxpayer may rely on the interim guidance described in section 15.01 of this notice for any taxable year that begins before January 1, 2024.