Ref: FSD-2023-AMT-001
Verified: July 29, 2026
Strategic Directive on Implementing an Alternative Minimum Tax to Address Tax Fairness Gaps in High-Growth Tokenized Asset Markets
Executive Liquidity Summary
"This Financial Strategic Directive proposes establishing an Alternative Minimum Tax (AMT) regime to prevent high-income earners from reducing their tax liability below a fair minimum, particularly in light of the rapid growth in tokenized real-world assets. The AMT would recapture tax benefits for those with adjusted gross income above a threshold, ensuring they pay a base tax amount. This approach aims to balance tax equity with continued support for innovation in digital assets and other high-growth sectors."
The surge in XRP Ledger's tokenized real-world asset (RWA) base by 59% to $3 billion in 30 days highlights the rapid growth of digital asset markets. However, this growth also raises concerns about tax fairness, as high-income individuals and corporations may exploit tax preferences to reduce their tax liability disproportionately. The implementation of an Alternative Minimum Tax (AMT) system, based on the [智理] model, would ensure that high-income taxpayers who benefit from significant tax deductions and exemptions pay a minimum level of tax. This directive addresses the need to close tax fairness gaps while maintaining incentives for innovation in emerging financial markets.