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Identify the features common to the gift tax formula and

Completely answer the following questions

1. Identify the features common to the gift tax formula and the estate tax formula.

2. Explain why Congress felt it necessary to enact a gift tax to complement the estate tax.

3. Describe the unified credit and the purpose it serves in the gift and estate tax.

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Finance Basics: Identify the features common to the gift tax formula and

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Finance Basics: Identify the features common to the gift tax formula and

Reference No:- TGS01206915

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