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amt
(redirected from Alternative Minimum Tax)

   Also found in: Medical, Financial, Acronyms, Wikipedia 0.01 sec.
amt
abbreviation for
(Economics, Accounting & Finance / Accounting & Book-keeping) amount
Translations
amt ABBR =amountimpte


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The alternative minimum tax (AMT) is one of the least understood and most controversial parts of the federal income tax system of the United States.
The number of returns that reported an alternative minimum tax liability decreased by 1 percent between 2005 and 2006, the first decline since tax year 2001.
The alternative minimum tax (AMT) was designed to keep wealthy taxpayers from using loopholes to avoid paying taxes.
 
 
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