InvestorQ : Is minimum alternate tax (MAT) levied only on Indian companies?
shivani Walawalkar made post

Is minimum alternate tax (MAT) levied only on Indian companies?

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Pratik vyas answered.
2 years ago
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MAT or minimum alternate tax is a tax levied by the government of India to facilitate the taxation of zero-tax companies or those companies that show zero or negligible income in order to avoid paying tax.

While the tax is levied by the Indian government, the minimum alternate tax (MAT) is levied on Indian as well as foreign companies operating in India.

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