Question: The U . S . tax code allows life insurance companies to do something that no other private financial institution can do . What is

The U.S. tax code allows life insurance companies to do something that no other private financial institution can do. What is it?Select oneA. Issue tax-exempt bonds similar to municipal bondsB. Create and sell tax-deferred investment vehicles C. Transform ordinary income into capital gains via carried-interest accounts D. Pass nonqualified dividends through to investors as qualified dividends

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