The Treasury Department plans to exempt cryptocurrency holdings from the Corporate Alternative Minimum Tax (CAMT), potentially saving companies like Strategy billions in tax liabilities. Strategy currently holds 640,031 Bitcoins, worth over $74 billion, with unrealized gains of $27 billion. The exemption follows pushback from Strategy and Coinbase, addressing unfair treatment compared to traditional assets. The Treasury issued Notice 2025-49 providing guidance on CAMT application and introducing new rules to address distortions in income calculations. The Senate Finance Committee will hold a hearing on digital asset taxation, examining existing rules and potential impacts on competitiveness. Strategy and Coinbase raised concerns over the unintended tax burden and constitutional conflicts arising from CAMT. The exemption aims to maintain tax parity between domestic and foreign corporations. The guidance supports U.S. leadership in digital assets and technological innovation. Companies like Strategy face a potential CAMT deadline in January 2026 if exemptions are not granted.

Read more at Yahoo Finance: Treasury to Exempt Bitcoin from 15% CAMT Tax on Unrealized Gains, Saving Strategy Billions