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Topical Terminology > Alternative Minimum Tax (Amt)



3 Definitions

Alternative Minimum Tax (Amt)

For Alternative Minimum Tax (Amt) we have terms and definitions in 3 topics. The topics are Accounting, Accounting Terms and Finance.



Alternative Minimum Tax (Amt) (Accounting)

Tax imposed to back up the regular income tax imposed on CORPORATION and individuals to assure that taxpayers with economically measured income exceeding certain thresholds pay at least some income tax.


Alternative Minimum Tax (Amt) (Accounting Terms)

Tax imposed to back up the regular income tax imposed on CORPORATION and individuals to assure that taxpayers with economically measured income exceeding certain thresholds pay at least some income tax.


Alternative Minimum Tax (Amt) (Finance)

A federal tax aimed at ensuring that wealthy individuals, estates, trusts, and corporations pay a minimal level income tax. For individuals, the AMT is calculated by adding adjusted gross income to tax preference items.


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