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    Business
  3. Study Set
    Income Tax Fundamentals
  4. Exam
    Exam 2: Gross Income and Exclusions
  5. Question
    To Promote Business Activity, the Tax Rules Generally Are Very
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To Promote Business Activity, the Tax Rules Generally Are Very

Question 21

Question 21

True/False

To promote business activity, the tax rules generally are very liberal in treating business gifts as tax-free income to the recipient.

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