Assume a corporation is not required to pay AMT in the current year but will...
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Accounting
Assume a corporation is not required to pay AMT in the current year but will pay AMT next year. Also assume the corporation's regular marginal tax rate is 35%. Which tax planning strategy would minimize its after-tax cost of a charitable contribution it is considering paying to a qualified charity? A. Pay the contribution this year. B. Wait until next year to pay the contribution. C. The after-tax cost of the contribution will be the same no matter which year it makes the contribution. D. None of these
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