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.
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.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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