Discuss at least two reasons for making inter vivos (lifetime) gifts.
What will be an ideal response?
The $15,000 per donee annual exclusion allows large sums to pass to donees without any transfer tax being imposed. There is no estate tax counterpart. Inter vivos gifts remove postgift appreciation from the tax base. Gift tax amounts are also removed from the tax base unless the transfer occurs within three years of death. Gifts made in contemplation of death to a donee-spouse may allow use of the full unified credit for the donee-spouse. Most states do not impose a gift tax. Gifts to charity may also result in an income tax deduction.
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Two of the factors that affect members of the buying center are individual factors and:
A) perceptual factors B) ideological factors C) recreational factors D) organizational factors
________ is developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor
Fill in the blanks with correct word
In order to be actionable under Rule 10b-5, misstatements or omissions must be made with:
a. negligence. b. lack of due care. c. scienter. d. recklessness.
Chu's Coating Services, a painting company, designs a set of four paint colors that will only be used by custom motorcycle maker Walker County Choppers. This decision is an example of
A. insourcing. B. operational linkages. C. a relationship-specific adaptation. D. just-in-time delivery. E. competitive bidding.