Corporations Are Not Subject to Alternative Minimum Tax

question 126

True/False

Corporations are not subject to alternative minimum tax.

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Definitions:

Preterm

A birth that occurs 35 or fewer weeks after conception.

Gestation

The process or period of developing inside the womb between conception and birth.

Gestational Age

The age of an embryo or fetus from the first day of the mother's last menstrual period, used to determine expected delivery date.

Preterm

Referring to a baby born before 37 weeks of pregnancy have been completed, also known as premature birth.