SlideShare a Scribd company logo
what is tax preference
Solution
Tax preferences are measures of the government under which different items are exempted from
paying taxes. Tax preference items are that type of income that are tax free and hence triggers
AMT (alternative minimum tax) for the taxpayers.
Examples of tax preference items are deductions for accelerated depreciation, excess intangible
drilling costs, capital gains from exercise of stocks etc.
Tax preference items are added to the AMT.

More Related Content

More from hardjasonoco14599

what does it takes to be a living organ What does it take to be a l.pdf
what does it takes to be a living organ What does it take to be a l.pdfwhat does it takes to be a living organ What does it take to be a l.pdf
what does it takes to be a living organ What does it take to be a l.pdf
hardjasonoco14599
 
ve targets. ball and sodket hinge joint condyloid joint saddle jo.pdf
ve targets. ball and sodket hinge joint condyloid joint saddle jo.pdfve targets. ball and sodket hinge joint condyloid joint saddle jo.pdf
ve targets. ball and sodket hinge joint condyloid joint saddle jo.pdf
hardjasonoco14599
 
This one is for you - assume that this pedigree shows the inheritance.pdf
This one is for you - assume that this pedigree shows the inheritance.pdfThis one is for you - assume that this pedigree shows the inheritance.pdf
This one is for you - assume that this pedigree shows the inheritance.pdf
hardjasonoco14599
 
There are 7 people in the elevator in a 10-story building. They are .pdf
There are 7 people in the elevator in a 10-story building. They are .pdfThere are 7 people in the elevator in a 10-story building. They are .pdf
There are 7 people in the elevator in a 10-story building. They are .pdf
hardjasonoco14599
 
safety Construction Safety-Quiz 1 According to OSHA, what must man.pdf
safety Construction Safety-Quiz 1 According to OSHA, what must man.pdfsafety Construction Safety-Quiz 1 According to OSHA, what must man.pdf
safety Construction Safety-Quiz 1 According to OSHA, what must man.pdf
hardjasonoco14599
 
Question 1 A ____________ is an intelligent device that controls the.pdf
Question 1 A ____________ is an intelligent device that controls the.pdfQuestion 1 A ____________ is an intelligent device that controls the.pdf
Question 1 A ____________ is an intelligent device that controls the.pdf
hardjasonoco14599
 
I finished most of the program, but having trouble with some key fea.pdf
I finished most of the program, but having trouble with some key fea.pdfI finished most of the program, but having trouble with some key fea.pdf
I finished most of the program, but having trouble with some key fea.pdf
hardjasonoco14599
 
In sliding window protocol the left wall of the sender sliding winod.pdf
In sliding window protocol the left wall of the sender sliding winod.pdfIn sliding window protocol the left wall of the sender sliding winod.pdf
In sliding window protocol the left wall of the sender sliding winod.pdf
hardjasonoco14599
 
In mice, the black allele (B) is dominant to the recessive white all.pdf
In mice, the black allele (B) is dominant to the recessive white all.pdfIn mice, the black allele (B) is dominant to the recessive white all.pdf
In mice, the black allele (B) is dominant to the recessive white all.pdf
hardjasonoco14599
 
How will the rate of diffusion of an interstitial i Impurity atom Inc.pdf
How will the rate of diffusion of an interstitial i Impurity atom Inc.pdfHow will the rate of diffusion of an interstitial i Impurity atom Inc.pdf
How will the rate of diffusion of an interstitial i Impurity atom Inc.pdf
hardjasonoco14599
 
Let R be an integral domain. Prove 1R and -1R are the only units of .pdf
Let R be an integral domain. Prove 1R and -1R are the only units of .pdfLet R be an integral domain. Prove 1R and -1R are the only units of .pdf
Let R be an integral domain. Prove 1R and -1R are the only units of .pdf
hardjasonoco14599
 
Kevin Keller’s aunt’s husband and his girl cousin have died of heart.pdf
Kevin Keller’s aunt’s husband and his girl cousin have died of heart.pdfKevin Keller’s aunt’s husband and his girl cousin have died of heart.pdf
Kevin Keller’s aunt’s husband and his girl cousin have died of heart.pdf
hardjasonoco14599
 
Fungi produce an extreme array of very potent bioactive compounds ca.pdf
Fungi produce an extreme array of very potent bioactive compounds ca.pdfFungi produce an extreme array of very potent bioactive compounds ca.pdf
Fungi produce an extreme array of very potent bioactive compounds ca.pdf
hardjasonoco14599
 
Explain the use of the half year convention for MACRS deprecation fo.pdf
Explain the use of the half year convention for MACRS deprecation fo.pdfExplain the use of the half year convention for MACRS deprecation fo.pdf
Explain the use of the half year convention for MACRS deprecation fo.pdf
hardjasonoco14599
 
Does the Theory of Evolution include statements of lineages for the .pdf
Does the Theory of Evolution include statements of lineages for the .pdfDoes the Theory of Evolution include statements of lineages for the .pdf
Does the Theory of Evolution include statements of lineages for the .pdf
hardjasonoco14599
 
Describe the prevailing arguments of what constitutes a just war,.pdf
Describe the prevailing arguments of what constitutes a just war,.pdfDescribe the prevailing arguments of what constitutes a just war,.pdf
Describe the prevailing arguments of what constitutes a just war,.pdf
hardjasonoco14599
 
Define relative refractory periodSolutionRelative refractory p.pdf
Define relative refractory periodSolutionRelative refractory p.pdfDefine relative refractory periodSolutionRelative refractory p.pdf
Define relative refractory periodSolutionRelative refractory p.pdf
hardjasonoco14599
 
Describe how microorganisms can gain access to the nervous system.pdf
Describe how microorganisms can gain access to the nervous system.pdfDescribe how microorganisms can gain access to the nervous system.pdf
Describe how microorganisms can gain access to the nervous system.pdf
hardjasonoco14599
 
Briefly explain the rules of debits and credits as they relate to as.pdf
Briefly explain the rules of debits and credits as they relate to as.pdfBriefly explain the rules of debits and credits as they relate to as.pdf
Briefly explain the rules of debits and credits as they relate to as.pdf
hardjasonoco14599
 
Check all that apply. Autosomal Recessive Autosomal Dominant X-linked.pdf
Check all that apply. Autosomal Recessive Autosomal Dominant X-linked.pdfCheck all that apply. Autosomal Recessive Autosomal Dominant X-linked.pdf
Check all that apply. Autosomal Recessive Autosomal Dominant X-linked.pdf
hardjasonoco14599
 

More from hardjasonoco14599 (20)

what does it takes to be a living organ What does it take to be a l.pdf
what does it takes to be a living organ What does it take to be a l.pdfwhat does it takes to be a living organ What does it take to be a l.pdf
what does it takes to be a living organ What does it take to be a l.pdf
 
ve targets. ball and sodket hinge joint condyloid joint saddle jo.pdf
ve targets. ball and sodket hinge joint condyloid joint saddle jo.pdfve targets. ball and sodket hinge joint condyloid joint saddle jo.pdf
ve targets. ball and sodket hinge joint condyloid joint saddle jo.pdf
 
This one is for you - assume that this pedigree shows the inheritance.pdf
This one is for you - assume that this pedigree shows the inheritance.pdfThis one is for you - assume that this pedigree shows the inheritance.pdf
This one is for you - assume that this pedigree shows the inheritance.pdf
 
There are 7 people in the elevator in a 10-story building. They are .pdf
There are 7 people in the elevator in a 10-story building. They are .pdfThere are 7 people in the elevator in a 10-story building. They are .pdf
There are 7 people in the elevator in a 10-story building. They are .pdf
 
safety Construction Safety-Quiz 1 According to OSHA, what must man.pdf
safety Construction Safety-Quiz 1 According to OSHA, what must man.pdfsafety Construction Safety-Quiz 1 According to OSHA, what must man.pdf
safety Construction Safety-Quiz 1 According to OSHA, what must man.pdf
 
Question 1 A ____________ is an intelligent device that controls the.pdf
Question 1 A ____________ is an intelligent device that controls the.pdfQuestion 1 A ____________ is an intelligent device that controls the.pdf
Question 1 A ____________ is an intelligent device that controls the.pdf
 
I finished most of the program, but having trouble with some key fea.pdf
I finished most of the program, but having trouble with some key fea.pdfI finished most of the program, but having trouble with some key fea.pdf
I finished most of the program, but having trouble with some key fea.pdf
 
In sliding window protocol the left wall of the sender sliding winod.pdf
In sliding window protocol the left wall of the sender sliding winod.pdfIn sliding window protocol the left wall of the sender sliding winod.pdf
In sliding window protocol the left wall of the sender sliding winod.pdf
 
In mice, the black allele (B) is dominant to the recessive white all.pdf
In mice, the black allele (B) is dominant to the recessive white all.pdfIn mice, the black allele (B) is dominant to the recessive white all.pdf
In mice, the black allele (B) is dominant to the recessive white all.pdf
 
How will the rate of diffusion of an interstitial i Impurity atom Inc.pdf
How will the rate of diffusion of an interstitial i Impurity atom Inc.pdfHow will the rate of diffusion of an interstitial i Impurity atom Inc.pdf
How will the rate of diffusion of an interstitial i Impurity atom Inc.pdf
 
Let R be an integral domain. Prove 1R and -1R are the only units of .pdf
Let R be an integral domain. Prove 1R and -1R are the only units of .pdfLet R be an integral domain. Prove 1R and -1R are the only units of .pdf
Let R be an integral domain. Prove 1R and -1R are the only units of .pdf
 
Kevin Keller’s aunt’s husband and his girl cousin have died of heart.pdf
Kevin Keller’s aunt’s husband and his girl cousin have died of heart.pdfKevin Keller’s aunt’s husband and his girl cousin have died of heart.pdf
Kevin Keller’s aunt’s husband and his girl cousin have died of heart.pdf
 
Fungi produce an extreme array of very potent bioactive compounds ca.pdf
Fungi produce an extreme array of very potent bioactive compounds ca.pdfFungi produce an extreme array of very potent bioactive compounds ca.pdf
Fungi produce an extreme array of very potent bioactive compounds ca.pdf
 
Explain the use of the half year convention for MACRS deprecation fo.pdf
Explain the use of the half year convention for MACRS deprecation fo.pdfExplain the use of the half year convention for MACRS deprecation fo.pdf
Explain the use of the half year convention for MACRS deprecation fo.pdf
 
Does the Theory of Evolution include statements of lineages for the .pdf
Does the Theory of Evolution include statements of lineages for the .pdfDoes the Theory of Evolution include statements of lineages for the .pdf
Does the Theory of Evolution include statements of lineages for the .pdf
 
Describe the prevailing arguments of what constitutes a just war,.pdf
Describe the prevailing arguments of what constitutes a just war,.pdfDescribe the prevailing arguments of what constitutes a just war,.pdf
Describe the prevailing arguments of what constitutes a just war,.pdf
 
Define relative refractory periodSolutionRelative refractory p.pdf
Define relative refractory periodSolutionRelative refractory p.pdfDefine relative refractory periodSolutionRelative refractory p.pdf
Define relative refractory periodSolutionRelative refractory p.pdf
 
Describe how microorganisms can gain access to the nervous system.pdf
Describe how microorganisms can gain access to the nervous system.pdfDescribe how microorganisms can gain access to the nervous system.pdf
Describe how microorganisms can gain access to the nervous system.pdf
 
Briefly explain the rules of debits and credits as they relate to as.pdf
Briefly explain the rules of debits and credits as they relate to as.pdfBriefly explain the rules of debits and credits as they relate to as.pdf
Briefly explain the rules of debits and credits as they relate to as.pdf
 
Check all that apply. Autosomal Recessive Autosomal Dominant X-linked.pdf
Check all that apply. Autosomal Recessive Autosomal Dominant X-linked.pdfCheck all that apply. Autosomal Recessive Autosomal Dominant X-linked.pdf
Check all that apply. Autosomal Recessive Autosomal Dominant X-linked.pdf
 

Recently uploaded

Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
MysoreMuleSoftMeetup
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
DhatriParmar
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
SACHIN R KONDAGURI
 
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th SemesterGuidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Atul Kumar Singh
 
The Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdfThe Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdf
kaushalkr1407
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptx
Jheel Barad
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
The geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideasThe geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideas
GeoBlogs
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
joachimlavalley1
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
camakaiclarkmusic
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
Tamralipta Mahavidyalaya
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Po-Chuan Chen
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 

Recently uploaded (20)

Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
 
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th SemesterGuidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th Semester
 
The Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdfThe Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdf
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptx
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
The geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideasThe geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideas
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 

what is tax preferenceSolutionTax preferences are measures of .pdf

  • 1. what is tax preference Solution Tax preferences are measures of the government under which different items are exempted from paying taxes. Tax preference items are that type of income that are tax free and hence triggers AMT (alternative minimum tax) for the taxpayers. Examples of tax preference items are deductions for accelerated depreciation, excess intangible drilling costs, capital gains from exercise of stocks etc. Tax preference items are added to the AMT.