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safezone safezone
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7 years ago
Identify which of the following statements is false.
A) Special use valuation is available for farmland to help alleviate liquidity problems.
B) The transferee is liable for the generation-skipping transfer tax (GSTT) in the case of a direct skip.
C) The generation-skipping transfer tax (GSTT) is imposed to assure that some form of transfer taxation is imposed once a generation.
D) A direct skip skips one or more generations.
Textbook 
Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts

Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts


Edition: 27th
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That's not philosophy, it's geometry
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genflynngenflynn
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7 years ago
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We have the most crude accounting tools. It's tragic because our accounts and our national arithmetic doesn't tell us the things that we need to know.

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safezone Author
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7 years ago
this is exactly what I needed
Fanmkreyol
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Yesterday
Good timing, thanks!
annielin111
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2 hours ago
Smart ... Thanks!
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