Companies are pushing to repeal part of the Senate tax bill - ConsultFX

Companies are pushing to repeal part of the Senate tax bill

WSJ reports that business lobbyists are pushing to repeal the alternative minimum tax (AMT) after the Senate's last-minute move to keep it alive The corporate AMT is a parallel system with low rates and fewer breaks that kicks in if a variety of tax breaks bring a firm's regular tax bill too low. Currently, the corporate Copyright 2015 Forexlive.com