Minimum Tax Reform Act of 1993

Summary

Minimum Tax Reform Act of 1993 - Amends the Internal Revenue Code to revise adjustments in computing alternative minimum taxable income and allow companies to use the 150-percent declining balance method to compute depreciation, except for environmental assets. Allows a 200 percent declining balance method in the case of computer or peripheral equipment. Allows companies to use pre-1993 minimum tax credits against alternative tax liability for up to 50 percent of that liability, with limitations. Allows businesses to reduce up to 25 percent of their minimum tax liabilty with general business credits.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 May 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 4 May 1993

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 May 1993

  Open at official source

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