Birdwatch Note Rating
2023-01-14 21:29:49 UTC - HELPFUL
Rated by Participant: 7A450804D91AAAA3BF139902114A759369FA0E7FD6004D5BB52366FD1AD77EA6
Participant Details
Original Note:
Tax experts say the corporate AMT is generally an acceleration of regular tax liability. If a corporation pays the AMT, a credit against future corporate regular tax is carried forward. AMT revenue during the first 10 years will reduce tax revenues in the years thereafter. https://taxfoundation.org/corporate-alternative-minimum-tax/
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