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The gross estate of Raul, decedent, includes tock in Iris Corporation (E&P $8,000,000) valued at $6,000,000. At the time of his death, Raul owned 60%

The gross estate of Raul, decedent, includes tock in Iris Corporation (E&P $8,000,000) valued at $6,000,000. At the time of his death, Raul owned 60% of the outstanding Iris stock. His basis in th...

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