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Burt and Lisa Are Married and Live in a Common

question 62

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Burt and Lisa are married and live in a common law state. Burt wants to make gifts to their four children in 2018. What is the maximum amount of the annual exclusion they will be allowed for these gifts?


Definitions:

Market Orientation

A business approach or philosophy that focuses on identifying and meeting the stated or hidden needs or wants of customers.

Principal Competitors

The main companies or businesses that compete in the same market or industry.

Target Customer Segment

A distinct segment of the marketplace that a corporation directs its offerings towards.

Profit To Distributors

The financial gain that distributors achieve from selling products after accounting for their cost of goods sold and operating expenses.

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