1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OLga [1]
2 years ago
8

Regulations apply to certain securities with regards to the Alternative Minimum Tax (AMT), and some are considered tax preferenc

e items, while other securities would not be subject to AMT. With regards to the following issues of municipal securities, which would NOT be subject to AMT?
Social Studies
1 answer:
Rom4ik [11]2 years ago
7 0

Answer:

The correct answer is  General obligation bonds issued by a school district.

Explanation:

Alternative Minimum TAX (AMT) is the minimum amount at least taxpayers can pay. Its main purpose is to avoid having taxpayers not fulfilling their liability.

Economic instruments such as bonds issued for non-public purposes were items that could be used as preferential items when calculating Alternative Minimum Tax, but bonds issued for public reasons such as schools could not be preferential items. School bonds are free of taxes and AMT doesn't apply in this case.

You might be interested in
What was The Clay Horse, a Tale of Ancient Greece mostly about
LuckyWell [14K]
Its about the Greeks in war
6 0
3 years ago
Which offers the BEST description of the location of Australia's major cities and population centers?
Arte-miy333 [17]
According to the map, cities like Canberra (which is the capital) and other major cities are located on the coast. Your answer would be A!

Have a nice day! :)
5 0
3 years ago
Hey guys. Can you please answer these questions about Climate change ASAP
almond37 [142]

Answer:

Climate change is a change in global temprature patterns. Climate change is happening because of greenhouse gasses such as Carbon Dioxide, Mephane, and Nitrous Oxide. It's affecting our environment by raising temperaters, more trash (i guess), and it's ruining wildlife. Climate change has been happening for a very long time. There is a way we can change the global climate which would to be getting rid of dangerous chemicals in factories. Or as a person, stop supporting huge factories that you know use chemicals that are harmful to our planet. (most factories) It's affecting our environment by raising temperaters, more trash (i guess), and it's ruining wildlife.

Explanation:

7 0
2 years ago
Read 2 more answers
What is democracy?why we need democracy?​
Grace [21]

Answer:

Democracy a system of government by the whole population or all the eligible members of a state, typically through elected representatives.

Explanation:

We need democracy because it ensures proper functioning of the government since it is the people who elect them and therefore this makes them more accountable.

3 0
3 years ago
What do Northwest Indians wear
AnnZ [28]
<span>The people of the Northwest Coast wore very little clothing, except when it was cold. In the warmer months, men would often go naked, and women would only wear bark skirts. The women made most of the clothing out of softened cedar wood or bark, animal leather, and wool.</span>
5 0
3 years ago
Read 2 more answers
Other questions:
  • Judgment methods may be the only practical way to make a forecast when A. there is a great deal of historical product data. B. t
    7·1 answer
  • What caused the fertility of the delta plz answer quick!!!
    13·1 answer
  • Systematic desensitization was developed in ______ and gradually exposes clients to _____________ situations through the use of
    11·1 answer
  • Discuss the tensions between England and Spain, explaining why Spain wanted war with England.
    8·2 answers
  • A woman often remains a victim of intimate partner violence because
    9·1 answer
  • What are some external sources used of collection of marketing intelligence?
    6·1 answer
  • How does seafloor spreading occur unit 2 lesson 5
    11·1 answer
  • 1.Open opportunity, private property, contracts, voluntary exchange are basic principles that are fundamental to ________ ______
    9·1 answer
  • Four balls roll down a staircase,
    8·1 answer
  • Information that helps prove whether an argument about history is true is
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!