Upon completion of this course, you'll be able to:
Identify the corporations subject to the new 15% Corporate Alternative Minimum Tax on Adjusted Financial Statement Income and understand the criteria for applicability.
Examine the methodology for calculating the tax base, including adjustments, exclusions, and the treatment of tax-deferred transactions.
Evaluate the availability and impact of tax credits under the new regime and how they affect overall corporate tax liability.
Major Topics
New 15% Corporate Alternative Minimum Tax on Adjusted Financial Statement Income
Corporations impacted by the new corporate alternative minimum tax
Calculation of tax base and availability of tax credits
Treatment of tax-deferred transactions
CPE Credits Available
NYSED 1
1
Taxation (NYSED) - NYSED
Things to Know About This Course
Course Level
Intermediate
Professional Area of Focus
Taxation (NYSED)
Prerequisites
None
Advanced Preparation
None
Intended Audience
Accountants and tax professionals involved with tax matters for large corporations
