In the June 21, 1996, and the November 15, 1996, issues of the Digest, we examined in detail the potential liability for alternative minimum tax for installment sales and deferred payment sales of farm commodities. In this issue, we examine the accounting adjustments required in reporting AMT under the “substantial authority” that emerged in 1996.
"Accounting Adjustments For AMT With Commodity Sales,"
Agricultural Law Digest: Vol. 7
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol7/iss24/1