Question
Why did the Tax Cuts and Jobs Act 2018 increase the gift and estate tax exemption significantly to $11.18 million per person, which is almost
Why did the Tax Cuts and Jobs Act 2018 increase the gift and estate tax exemption significantly to $11.18 million per person, which is almost double the original limit? Please explain the reasoning behind it. What was changed, and discuss the political and economic impact, including key factors that influenced the particular change?
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Answer Tax cuts and Job Act i Tax cuts and Job Act is the large haul of tax in the three decades ii The Job cuts and job act 2018 will impact the taxpayers through the year 2025 the act which consist ...
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South-Western Federal Taxation 2019 Essentials Of Taxation Individuals And Business Entities
Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
22nd Edition
133770296X, 133770377X, 9781337703772, 978-1337702966
