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Ivory Tower College, a charitable organization, is one of the income beneficiaries of the Campbell Trust. Was the selection of the college as an income
Ivory Tower College, a charitable organization, is one of the income beneficiaries of the Campbell Trust. Was the selection of the college as an income beneficiary a wise decision by Campbells grantor? Comment specifically concerning the tax effects of the trusts cost recovery deductions and of its potential business operating losses." (Please provide answer in 100 or more words)
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