Question: Firm UW is about to enter into a venture that will generate taxable income for the next 6 to 8 years. The director of tax

Firm UW is about to enter into a venture that will generate taxable income for the next 6 to 8 years. The director of tax has come up with an idea to restructure the venture in a way that will reduce tax costs by at least 5 percent.
Identify the tax issue or issues suggested by the following situations, and state each issue in the form of a question

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