Which, if any, of the following statements reflects the correct Federal transfer tax valuation rules?...
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Accounting
Which, if any, of the following statements reflects the correct Federal transfer tax valuation rules?
a.The geographical location of the property is not relevant.
b.The value of a note receivable is its face amount.
c.Amounts listed in the classified section of the newspaper are not representative of the value of tangible personalty.
d.Sentimental value should not be considered.
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