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Which of the Following Is a True Statement Concerning the Taxation

Question 35

Multiple Choice

Which of the following is a true statement concerning the taxation of premium payments made by a life insurance policyholder?


A) In most cases, premium payments are not deductible,
B) In most cases, premium payments are deductible,
C) In all cases, premium payments are deductible,
D) In all cases, premium payments are not deductible.

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