Federal Tax Research 10th Edition by Roby Sawyers,William Raabe,Gerald Whittenburg,Steven Gill

تمرين 29

Using the following codes, identify the basic approach(es) to tax avoidance that are used in each of the following cases:
AR Avoiding recognition of taxable income
CT Changing the timing of recognition of income, gains, deductions, losses, and credits
CJ Changing tax jurisdictions
CC Changing the character of income
RP Tax planning among related taxpayers
a. Albert invests his savings in tax-exempt state bonds.
b. Betty invests in non-dividend-paying corporate stocks by using borrowed funds.
c. Chuck lends $100,000 to his daughter on an interest-free demand note.
d. Ed invests $100,000 of his savings in a home for his own use.
e. Frankie invests in a mutual fund that purchases only the indebtedness of the state in which he lives.