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Which of the following statements is true concern the disposition of an installment note A . deferred game is not recognized by translator It is
Which of the following statements is true concern the disposition of an installment note
A deferred game is not recognized by translator It is not a nontaxable transfer to a control corporation be the third game must be recognized. Only if installment note was transferred as a gift to a related party C transfer of installment obligation to another party will not trigger immediate recognition of the game deferred game must be recognizedto the end
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