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 poverty and exploitation resulting from the paternalistic Dawes Act spurred passage of the 1934 Indian Reorganization Act. This legislation promoted Native-American autonomy by prohibiting allotment of tribal lands, returning some surplus land, and urging tribes to engage in active self-government.reviously, the Dawes Severalty Act (1887) had shaped U.S. policy towards Native Americans. In accordance with its terms, and hoping to turn Indians into farmers, the federal government redistributed tribal lands to heads of families in 160-acre allotments.