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Which of the following is False regarding taxation of life insurance policies? Which of the following is False regarding taxation of life insurance policies? The

Which of the following is False regarding taxation of life insurance policies? Which of the following is False regarding taxation of life insurance policies? The ACB of a G1 policy is Total premiums less dividends The ACB of a G2 or G3 policy is higher than the ACB of a G1 policy The ACB of a G1 policy is higher than the ACB of G2 or G3 policies G1 policies are acquired before December 2, 1982

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