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A 15% alternative minimum tax is applied to corporate financial statement income. This new tax would only apply to: A) Corporations with earnings of $1

A 15% alternative minimum tax is applied to corporate financial statement income. This new tax would only apply to:

A) Corporations with earnings of $1 billion or more in average annual earnings in the previous three years

B) Real estate investment trusts

C) Regulates investment companies

D) S Corporations

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