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What Is the Purpose of the AMT Exemption Amount? What

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What is the purpose of the AMT exemption amount? What is the maximum amount for each filing status for an individual taxpayer and for a corporate taxpayer?


Definitions:

Contract Warehousing

A service provided by third parties in which companies rent space in a warehouse that is managed by another firm, allowing for flexibility and reduction in the costs of managing a private warehouse.

Distribution Center

A specialized facility used for receiving, storing, and distributing products to various destinations, often playing a critical role in supply chain operations.

SKUs

Stock Keeping Units, unique identifiers for each distinct product and service that can be purchased.

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