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Some countries let you pay taxes on liquidation, others demand to be paid on receiving something, despite it being impossible to liquidate. The USA is the sec
by mahyarm 10y ago
Some countries let you pay taxes on liquidation, others demand to be paid on receiving something, despite it being impossible to liquidate. The USA is the second kind of country with AMT, and that is the fundamental problem.
- hkmurakami 10y agoOne good thing that may come out of a Trump tax reform for startups is a repeal of the AMT. Obviously rife with other consequences.