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Car Dealer sells Customer a car listed at $35,000 for $23,000. a. Has Car Dealer made a gift? If so, what is the amount of
Car Dealer sells Customer a car listed at $35,000 for $23,000. a. Has Car Dealer made a gift? If so, what is the amount of the gift? b. What are the gift tax consequences if Car Dealer is Customers parent?
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