Examlex
Sodium is an essential nutrient necessary for human health.
Positive Adjustment
An increase in the amount of reported income or expense, resulting in a higher taxable income.
AMTI
Alternative Minimum Taxable Income, which is calculated to ensure that taxpayers with large amounts of deductions, exemptions, and exclusions still pay a minimum amount of tax.
AMT Depreciation
Depreciation methods and rates that apply for the Alternative Minimum Tax, a parallel tax system to ensure certain taxpayers pay a minimum amount of tax.
Regular Tax Depreciation
A deduction that allows taxpayers to recover the cost of property used in a business or held for the production of income, computed under the regular tax system.
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