Birdwatch Note Rating
2023-01-15 16:53:58 UTC - HELPFUL
Rated by Participant: BBF18483BE70D22E2F367CC8D1DF7D4D15E2631A7E0868E42D74D6FDB9F371DB
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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