The
AMT was created to ensure that all taxpayers pay a minimum tax because there was a growing trend in which some high-income taxpayers were able to significantly reduce or eliminate their regular tax by taking advantage of the tax laws, which give special treatment to certain types of income and allow special deductions for certain expenses.
But he found so many shelters and loopholes that absent the
AMT, his bill would have amounted to only 11 percent of his income.
Those extra tax benefits are one reason more middle-income families have a higher chance of owing the
AMT this year.
AMT was founded in 1998 at the initiative of researchers from the University of Amsterdam at the Academic Medical Center (AMC), one of the largest academic hospitals in the world.
AMT is the world's only manufacturer of both proprietary touch panels and proprietary touch controller hardware, firmware, and software.
Please make your hotel reservations for the
AMT convention as soon as possible in order to ensure that you will receive the
AMT discounted rate.
Retaining the corporate
AMT under the Tax Cuts and Jobs Act would only add to the administrative burden, complexity, and cost that corporate taxpayers endure under current law.
The Stgw 57 was the Swiss battle rifle in 7.5x55mm upon which the
AMT was based.
Taxpayers with business income frequently have
AMT adjustments related to depreciation or depletion deductions, gains or losses on the sale of business assets, and installment gains.