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Q. What is Alternative Minimum Tax?
Alternative Minimum Tax (AMT) - Tax imposed to back up the regular income tax imposed onCORPORATION and individuals to guarantee that taxpayers with economically measured incomeexceeding certain thresholds pay at least some income tax.
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State the impact on profitability of the company Everything you do has an impact on profitability of the company(including drinking ten cups of coffee in a day!). So if you wan
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