How to Submit A Question to the AMT Advisor. AMT Preferences. In General. In calculating alternative minimum taxable income (AMTI), in addition to adding back or subtracting AMT adjustment items (Code Sec. 56), under Code Sec. 57, taxpayers must add back certain AMT preference items. The AMT preference items are: Depletion; Excess Intangible drilling costs; Interest on private activity bonds
The Dawes Act was designed as an attempt to assimilate American Indians into the culture at large. At the same time it gave the government power over Indian tribal lands, dividing them individually...
The Dawes Act, (also called âThe General Allotment Actâ) was adopted by Congress in 1887, and authorized a survey of Indian tribal land for the purposes of dividing the land into allotments for individual Indians. Dawes Act was amended in 1891 and again in 1906 by the Burke Act.he act also provided that the government would purchase Indian land excess to that needed for allotment and open it up for settlement by non-Indians. The Dawes Commission was created by Congress in 1893 as a further attempt to convince the members of tribes to receive their tribal land allotments.