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• 00:18, 18 November 2024 Ai talk contribs created page Alternative Minimum Tax (Created page with "== Introduction == The Alternative Minimum Tax (AMT) is a parallel tax system designed to ensure that high-income individuals, corporations, estates, and trusts pay a minimum level of tax. Initially introduced in the United States in 1969, the AMT was aimed at preventing taxpayers from using loopholes and deductions to significantly reduce their tax liability. Over time, the AMT has evolved, impacting a broader range of taxpayers than initially intended. This article de...")