Institute on Taxation and Economic Policy (ITEP)

July 30, 2026

Bloomberg Tax: Weaker Minimum Book Tax Rules Save Meta, Qualcomm Billions

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“It’s pretty clear these two things are potentially at odds,” said Matthew Gardner, senior fellow at the Institute on Taxation and Economic Policy. “The more Treasury tries to gut CAMT, the more the side-by-side agreement potentially falls apart.”

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Author

Matthew Gardner
Matthew Gardner

Senior Fellow