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NO. THE STATE OF TEXAS Plaintiff, V. AMAP, INC. D/B/A WESTLAKE FITNESS, AND CHARLES BURNETT, INDIVIDUALLY Defendants. IN THE DISTRICT COURT OF TRAVIS COUNTY, T E × A S JUDICIAL DISTRICT PLAINTIFFS
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What is amapd?
AMAPD stands for Annual Minimum Alternate Tax on LLPs.
Who is required to file amapd?
LLPs (Limited Liability Partnerships) are required to file AMAPD.
How to fill out amapd?
AMAPD can be filled out by logging into the official tax portal and submitting the necessary information.
What is the purpose of amapd?
The purpose of AMAPD is to ensure that LLPs pay a minimum level of tax even if they have claimed deductions and exemptions that reduce their regular tax liability to zero.
What information must be reported on amapd?
LLPs must report their total income, deductions claimed, tax credits utilized, and calculate their AMAPD liability.
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