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Which one of the following statements regarding the grantor trust rules is correct? they prevent the shifting of the taxation of income if the grantor

Which one of the following statements regarding the grantor trust rules is correct?

they prevent the shifting of the taxation of income if the grantor retains certain interests

they apply only to irrevocable trusts

they prevent the grantor from retaining certain interests in a trust established by the grantor

they provide for an increased gift tax if the grantor is also the trustee

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