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...
David J. Wishart, Editor. Formally titled the General Allotment Act of 1887, the Dawes Act (also commonly referred to as the Dawes Severalty Act) authorized the president of the United States to subdivide tribal reservations into private parcels of land that would then be allotted to individual members of each tribe.