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Your Client Ming Is a Complex Trust That Operates Exclusively

question 140

Essay

Your client Ming is a complex trust that operates exclusively in the United States. Make a list of five or more tax planning opportunities that you might suggest to Ming.


Definitions:

Independent Samples

Data sets that are collected from different populations, where the measurements from one sample do not influence or are not related to those from another.

Normal Approximation

A method used in statistics that approximates a binomial distribution with a normal distribution when the sample size is large enough.

Standardized Test Statistic

A statistic that is calculated from sample data and can be compared to a distribution to determine significance.

Wilcoxon Rank Sum Test

A nonparametric statistical hypothesis test used to compare two independent samples, assessing whether their populations have the same distribution.

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