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Page 173
The tax rate is 20 percent , and there is an exemption amount of $ 40,000 , which is phased out at the rate of 25 cents per dollar for alternative minimum taxable income in excess of $ 150,000 . Therefore , when alternative minimum ...
The tax rate is 20 percent , and there is an exemption amount of $ 40,000 , which is phased out at the rate of 25 cents per dollar for alternative minimum taxable income in excess of $ 150,000 . Therefore , when alternative minimum ...
Page 220
a 20 % The tax base for the new corporate alternative minimum tax is the corporation's regular taxable income . After certain adjustments , the resulting amount , known as alternative minimum taxable income ( AMTI ) , is reduced by an ...
a 20 % The tax base for the new corporate alternative minimum tax is the corporation's regular taxable income . After certain adjustments , the resulting amount , known as alternative minimum taxable income ( AMTI ) , is reduced by an ...
Page 225
The calculation of the tentative illustrated below : minimum tax is Alternative Minimum Tax Base x .20 - Tentative Minimum Tax Before AMTFTC AMTFTC Tentative Minimum Tax 1986 , Under the Tax Reform Act of the alternative minimum tax is ...
The calculation of the tentative illustrated below : minimum tax is Alternative Minimum Tax Base x .20 - Tentative Minimum Tax Before AMTFTC AMTFTC Tentative Minimum Tax 1986 , Under the Tax Reform Act of the alternative minimum tax is ...
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