Hi everyone
Came across the essay questions and just did tax questions for practice .
In question 2 when doing a RV analysis they divide by
(1+rate)^10 (1-T)
Doesn’t his mean that the gifter is not subject to any regular taxes ?? Only estate tax?
Hi everyone
Came across the essay questions and just did tax questions for practice .
In question 2 when doing a RV analysis they divide by
(1+rate)^10 (1-T)
Doesn’t his mean that the gifter is not subject to any regular taxes ?? Only estate tax?