The AMT statutory rate for S corporation shareholders on the AMT base is 20%.

Name: The AMT statutory rate for S corporation shareholders on the AMT base is 20%.
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S corporation shareholders are not subject to the Alternative Minimum Tax (AMT) at the corporate level because S corporations are pass-through entities, and the AMT applies at the individual shareholder level, not at a fixed rate like 20%.

The AMT Statutory Rate for S Corporation Shareholders on the AMT