1.
What is the acronym for the Corporate Alternative Minimum Tax?
2.
What type of income is CAMT primarily based on?
3.
What type of income is used for regular corporate tax?
4.
How many dollars of average book income must a corporation have for CAMT to apply?
5.
What can corporations still use to reduce CAMT liability?
6.
What is an example of an adjustment made to book income for CAMT?
7.
What type of credits related to sustainability can reduce CAMT?
8.
CAMT imposes a ____ percent minimum tax rate
9.
CAMT ensures corporations pay a 15% what?
10.
Which 2022 law introduced CAMT?
11.
What type of large corporations are most likely to be affected by CAMT?
