Fill in the blanks with the correct term from the list of terms provided.Do not use any term more than once.
A. B. C. D. Specific properties of the trust are deemed to be sold and reacquired at their , realizing tax gains and losses on the deemed disposition. Capital properties (non-depreciable), land that is inventory, resource property, and are deemed to have been disposed of on a trust’s 21 st anniversary date. Properties can be transferred to the beneficiaries prior to the 21st anniversary, at their , thereby deferring the tax effects. (is/are) exempt from realizing a deemed disposition of the properties at the first 21 Year anniversary.
Definitions:
Syntactical Rules
Guidelines in linguistics that dictate how words and phrases should be arranged to form meaningful sentences.
Past Tense
A grammar term indicating that an action or state occurred in the time before the present.
Specific Language Impairment
A developmental disorder characterized by difficulties in learning and using language due to no apparent cause, unrelated to any other cognitive or developmental issues.
Williams Syndrome
A developmental disorder characterized by a friendly personality, distinctive facial features, and heart problems, often coupled with intellectual disabilities and a unique cognitive profile.