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Upon the Death of the Owner of a Closely Held

Question 31

Multiple Choice

Upon the death of the owner of a closely held business,


A) The estate has the option of deferring taxation for two years
B) The estate has the option of deferring taxation for five years
C) The estate has the option of deferring taxation for fourteen years
D) The estate does not have the option of deferring taxation
E) None of the above

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