Birdwatch Note Rating
2023-01-15 01:17:21 UTC - HELPFUL
Rated by Participant: EE5D4DFF24D47C95DCD1C6604EBD8F9A035EA9DD38369E2139B0539367C31EF6
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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