David Carolin, Nadia Rusak, Manu Kakkar, "AMT: Alternative Minimum Tax Should Be Renamed Additional Massive Tax", Tax for the Owner-Manager, Vol. 25, No. 3, July 2025, p. 8

Summary Under
Tax Topics - Income Tax Act - Section 127.52 - Subsection 127.52(1) - Paragraph 127.52(1)(j)

AMT on prescribed-rate loan trusts (pp. 9-10)

  • Where a family member with high taxable income has lent money to a trust at the prescribed rate...

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Summary Under
Tax Topics - Income Tax Act - Section 127.52 - Subsection 127.52(1) - Paragraph 127.52(1)(d)

AMT to a non-resident disposing of TCP (pp. 10-11)

  • The preamble to s. 127.5 states that alternative minimum tax (AMT) applies to all individuals...

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