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What Is "Tentative Minimum Tax" and How Is It Used

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What is "tentative minimum tax" and how is it used to calculate AMT?


Definitions:

Lease Equipment

The process of obtaining the use of machinery or other equipment on a rental basis, avoiding the need to invest capital in assets.

Financing and Dividend Policies

Strategies a company uses regarding how it manages its capital financing, dividend payments to shareholders, and reinvestment in the business.

Financial Plan

A strategic roadmap designed to manage an individual's or an entity's current financial situation and future financial goals.

Sales Growth Expectations

Anticipations or forecasts about the future increase in sales revenue over a specified period.

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