Adjusted taxable gifts are added to the taxable estate to accomplish which of the following objectives? Increase
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Question:
Adjusted taxable gifts are added to the taxable estate to accomplish which of the following objectives?
- Increase the marginal tax rate on previously taxed gifts.
- Remove intervivos transfers from cumulative taxable transfers.
- Prevent double taxation of previously taxed gifts.
- Increase the marginal tax rate on the taxable estate.
- None of these.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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