exemption equivalent
exemption equivalent. The maximum value of assets that one can transfer to another before incurring a federal gift and estate tax.
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exemption equivalent. The maximum value of assets that one can transfer to another before incurring a federal gift and estate tax.
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exemption equivalent 〈美〉最高免税转让财产额 指由于适用统一的税收抵免而免征联邦赠与税或财产税的可转让的最高财产额。
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