
Get 2004 Alternative Minimum Tax And Credit Limitations - Corporations. California Schedule P (100)
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Corporations that benefit from these laws may have to pay AMT in addition to the minimum franchise tax. The AMT rate for C corporations is 6.65 percent. Use Schedule P (100) to calculate AMT and to figure credits that are limited by the Tentative Minimum Tax (TMT) or that may reduce AMT.
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