Although the preceding example uses a dollar - for - dollar state tax credit, even a less generous state tax credit would create the distortion I describe. (surlysubgroup.com)
As with all of the preceding examples, these SaaS companies are still linear businesses. (applicoinc.com)
Example: In the preceding example, you held stock with a basis of $ 24 per share for regular tax purposes and $ 80 per share for AMT purposes. (fairmark.com)