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A 15% alternative minimum tax is applied to corporate financial statement income. The new tax would only apply to A) Corporations with earnings of $1
A 15% alternative minimum tax is applied to corporate financial statement income. The 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 (REITs)
C) Regulated invested companies (RICs)
D) S corporations
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