### Question
Can you define what net minimum tax means?


### Answer
**Net minimum tax** is defined as the following in *26 U.S.C. § 53*:

> the tax imposed by section 55

#### Citation:
  - *26 U.S.C. § 53*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART IV-CREDITS AGAINST TAX > Subpart G-Credit Against Regular Tax for Prior Year Minimum Tax Liability**

