Alternative-Minimum Tax Resource Center



Position

SIFMA supports permanently exempting interest on tax-exempt bonds from the individual AMT and the adjustment to corporate earnings (ACE) calculation. Exempting tax-exempt bonds from the AMT would increase demand for them and reduce borrowing costs for state and local governments.
 


Join SIFMA

Learn How ›

Industry Basics

What is a security?

A security is an instrument representing financial value. They are categorized into debt, securities, equity securities, and derivative contracts.

Industry Glossary

Know the terms.
Understand the industry.