eddercontreras49221 eddercontreras49221
  • 16-02-2024
  • Business
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Parents lend $2,000,000 to their child to start a business. The loan is interest-free and is payable on demand. The imputed interest is subject to:

A. The gift tax only in the year the parents lend
B. The income tax every year
C. The estate tax after the parents pass away
D. No tax at all

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