In this article, we cover highlights from IRS Internal Revenue Bulletin 2026-11, including CAMT interim guidance, energy credit rules, employee plan updates, depreciation guidance, and federal rates.
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The Internal Revenue Bulletin (IRB) is the authoritative instrument for announcing official rulings and procedures of the IRS and for publishing Treasury Decisions, Executive Orders, Tax Conventions, legislation, court decisions, and other items of general interest.
ADMINISTRATIVE
Notice 2026-7, page 637.
This notice provides additional interim guidance regarding the application of the corporate alternative minimum tax (CAMT). The CAMT was added to title 26 of the United States Code (Internal Revenue Code) by the Inflation Reduction Act of 2022 and generally applies to large corporations for taxable years beginning after 2022. Specifically, this notice provides rules for certain adjustments to adjusted financial statement income (AFSI), rules for financially troubled companies, and anti-abuse rules for certain covered asset transactions. In addition, the notice addresses certain CAMT consequences of transactions involving intangible property subject to section 367(d). This notice also addresses applicability dates and the ability of taxpayers to rely on the interim guidance provided in Notice 2025-49 and this notice.
AMINISTRATIVE, INCOME TAX
Notice 2026-15, page 658.
Notice 2026-15 provides guidance under §§ 45X, 45Y, and 48E of the Internal Revenue Code (Code) for determining a qualified facility’s, energy storage technologies, or eligible component’s material assistance cost ratio (MACR) for purposes of determining whether there was material assistance from a prohibited foreign entity (PFE). This notice also provides limited general guidance related to the definition of a PFE and requests comments regarding definitional, anti-circumvention, and other issues for future guidance.
EMPLOYEE PLANS
Announcement 2026-7, page 697.
This Announcement provides that IRS and the Treasury Department anticipate that certain portions of future final regulations relating to required minimum distributions under section 401(a)(9) will apply for the distribution calendar year that begins no earlier than 6 months after the date that final regulations are issued in the Federal Register. In the interim, the Announcement states that taxpayers must apply a reasonably good-faith interpretation of the statutory provisions underlying the regulations.
Notice 2026-14, page 654.
This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for January 2026 used under § 417(e)(3)(D), the 24-month average segment rates applicable for February 2026, and the 30-year Treasury rates, as reflected by the application of § 430(h)(2)(C)(iv).
INCOME TAX
Notice 2026-16, page 685.
This notice announces forthcoming proposed regulations under § 168(n) of the Internal Revenue Code, as added by Public Law 119-21, 139 Stat. 72 (July 4, 2025), commonly known as the One, Big, Beautiful Bill Act, that will include rules similar to the interim guidance provided in this notice regarding the application of the special depreciation allowance for qualified production property. Specifically, the interim guidance: (i) provides guidance addressing the definition of “qualified production property”; (ii) provides guidance addressing the definition of “qualified production activity” and related terms; (iii) provides guidance addressing relevant special rules; (iv) provides the procedures for making an election to designate eligible property as qualified production property; and (v) provides guidance addressing depreciation recapture due to a change in use of qualified production property.
Rev. Rul. 2026-6, page 635.
Federal rates; adjusted federal rates; adjusted federal long-term rate, and the long-term tax exempt rate. For purposes of sections 382, 1274, 1288, 7872 and other sections of the Code, tables set forth the rates for March 2026.