Corporations are set apart from individuals in that a corporation has not adjusted gross income from which deductions are taken to determine taxable income. Instead, the corporation computes taxable income by subtracting the deductions directly from gross income. One of those deductions is charitable contributions. What is the maximum deduction percentage a corporation can deduct from gross income? Question 4Answer a. 21% b. 50% c. 10% d. 17%What is the corporate alternative minimum tax is increased by based on any unused AMT credit for any taxable year beginning 2018, 2019 and 2020?
a. 15% 

b. 25%

c. 25% 

d. 100%