Signature Tax Event 2022 Deck FINAL | Page 23

The corporate rate of 21 % was made permanent by the TCJA The corporate alternative minimum tax was permanently repealed

Corporations and TCJA

• Unlike almost all personal tax provisions of the TCJA which sunset in 2026 , most corporate tax provisions are permanent ( with some exceptions ) noting :

The corporate rate of 21 % was made permanent by the TCJA The corporate alternative minimum tax was permanently repealed