- New 15% Corporate Alternative Minimum Tax on Adjusted Financial Statement Income - Corporations impacted by the new corporate alternative minimum tax - Calculation of tax base and availability of tax credits - Treatment of tax-deferred transactions
Learning Objectives
- Upon completion of this course, you'll be able to:
- Identify the corporations subject to the new 15% Corporate Alternative Minimum Tax on Adjusted Financial Statement Income and understand the criteria for applicability.
- Examine the methodology for calculating the tax base, including adjustments, exclusions, and the treatment of tax-deferred transactions.
- Evaluate the availability and impact of tax credits under the new regime and how they affect overall corporate tax liability.
Major Topics
- New 15% Corporate Alternative Minimum Tax on Adjusted Financial Statement Income
- Corporations impacted by the new corporate alternative minimum tax
- Calculation of tax base and availability of tax credits
- Treatment of tax-deferred transactions
