question 10\nthe alternative minimum tax\nis an additional tax above and beyond the base rate.\nrequires…

question 10\nthe alternative minimum tax\nis an additional tax above and beyond the base rate.\nrequires people to pay a minimum tax of 20 percent.\nallows a reduction in business taxes based on investment in equipment.\nallows larger - than - normal depreciation charges.

question 10\nthe alternative minimum tax\nis an additional tax above and beyond the base rate.\nrequires people to pay a minimum tax of 20 percent.\nallows a reduction in business taxes based on investment in equipment.\nallows larger - than - normal depreciation charges.

Answer

Brief Explanations:

The alternative - minimum tax is designed to ensure that taxpayers with high deductions or credits still pay a certain amount of tax. It is an additional tax above the regular tax calculated at the base rate. It doesn't set a fixed 20 - percent minimum tax rate for all, nor does it relate to business - tax reduction based on equipment investment or larger - than - normal depreciation charges.

Answer:

is an additional tax above and beyond the base rate.