The Relationship between the AMT and the R&D or R&E Tax Credit
Update: On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act, or “tax reform.” This law eliminates the corporate AMT for tax years 2018 and beyond. Therefore, the AMT will no longer be a limitation for business taxpayers using the R&D Credit and other incentives to reduce their tax burdens. [...]