U.S. Treasury Proposes 15% Minimum Tax on Large Corporations, No Direct Crypto Impact

The U.S. Treasury, in collaboration with the Internal Revenue Service (IRS), has proposed new regulations to implement a 15% Corporate Alternative Minimum Tax targeting large corporations that average more than $1 billion in annual profits. This initiative, announced on November 9, 2025, is part of the Inflation Reduction Act and aims to address corporate tax avoidance, with an expected revenue generation of $250 billion over the next decade.

The proposal specifically affects approximately 100 large corporations, many of which have previously paid minimal or no taxes, and is designed to level the playing field for smaller businesses. U.S. Treasury Secretary Janet L. Yellen emphasized the measure's role in promoting tax fairness, stating, "The proposed rules released by Treasury today are an important step toward realizing Congress’ efforts to address the most egregious U.S. corporate tax avoidance and ensure the largest and most profitable corporations in the country cannot pay little to no taxes."

Notably, the proposal explicitly excludes any direct impact on cryptocurrencies or digital assets, such as Bitcoin (BTC) or Ethereum (ETH), focusing solely on corporate tax structures without altering policies for the blockchain sector.