alternative minimum tax en · NOUN
Meanings
- (US, countable, uncountable) A tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts, originally designed to tax high-income taxpayers who used the regular tax system to pay little or no tax.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| alternative minimum taxes | Number=Plur | lexicographic |