A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Interim Guidance Simplifying Application of the Corporate Alternative Minimum Tax to Partnerships".

This bill uses a special rule to block an IRS notice that simplifies how a minimum tax on big companies (called Corporate Alternative Minimum Tax) applies to partnerships. Key impacts: Partnerships and big businesses with partnership shares benefit by keeping tax rules complex, which might help them avoid or delay the tax. The IRS and U.S. Treasury are affected because...