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2 documents

Tax Reform: The Alternative Minimum Tax
Congressional Research Service · 2017-12-04 · Resources · 1,287 words
The U.S. federal income tax has both a personal and a corporate alternative minimum tax (AMT). Both the corporate and individual AMTs operate alongside the regular income tax. They require taxpayers t...
Tax Reform: Repatriation of Foreign Earnings
Congressional Research Service · 2017-12-04 · Resources · 1,471 words
A 2016 report released by the U.S. Public Interest Research Group, Citizens for Tax Justice, and the Institute on Taxation and Economic Policy estimated that Fortune 500 companies held nearly $2.5 tri...