Suellen Wolfe on State-by-State Personal and Corporate Minimum Taxation Regimes (PDF)
In addition to a significant number of states that have enacted a corporate Alternative Minimum Tax (AMT), a personal income tax on tax preference items is in place in a smaller number of states. Both personal and corporate income tax regimes, as described, apply in three states. Taxpayer awareness of applicable principles and authority, as well as monitoring in the relevant states, are important in reporting compliance and tax management.
Suellen M. Wolfe is Associate Counsel to and Executive Director of the library at the Pennsylvania Legislative Reference Bureau. She is also licensed as a Certified Public Accountant. She received her LL.M. (Taxation) from New York University School of Law. Ms. Wolfe has taught as a visiting professor at law schools throughout the United States. She previously served as Chief Deputy Attorney General, Tax and Finance Section and Chief Deputy Attorney General, Charitable Trusts and Organizations Section of the Office of Attorney General, Commonwealth of Pennsylvania and Counsel to the Pennsylvania Board of Finance & Revenue. Ms. Wolfe is the Update Author of Tax Planning for the Alternative Minimum Tax (Matthew Bender).
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