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 stated objective of the Dawes Act was to stimulate assimilation of Indians into American society. Individual ownership of land was seen as an essential step. The 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 impact on Indians of the Dawes Act was negative.