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A client requests that you explain the valuation rules used

Question - A client requests that you explain the valuation rules used for gift tax and estate tax purposes.

1. Explain the similarities and differences of the two sets of rules.

2. Based on your understanding of both sets of rules, what changes would you make to either or both? Why?

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Accounting Basics: A client requests that you explain the valuation rules used

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Accounting Basics: A client requests that you explain the valuation rules used

Reference No:- TGS02884882

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