a. Explain the difference between income splitting and income shifting. b. Why are taxpayers interested in shifting

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a. Explain the difference between income splitting and income shifting.
b. Why are taxpayers interested in shifting income from one tax return to another within the same family or economic unit?
c. Is there a relationship between the tax on unearned income of a minor and taxpayers who attempt to shift income?
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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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