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of When property is transferred, the gift tax is based on Select one: O a. the transferor's depreciated cost of the transferred property. O
of When property is transferred, the gift tax is based on Select one: O a. the transferor's depreciated cost of the transferred property. O b. fair market value on the date of transfer. O c. the transferor's original cost of the transferred property. O d. replacement cost of the transferred property.
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