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Question: Which of the following is true concerning


Which of the following is true concerning the Tax Cuts and Jobs Act of 2017?
a. This tax law leads to the immediate elimination of the federal estate tax.
b. This tax law leads to the immediate elimination of the federal gift tax.
c. This tax law provides for an $11.4 million tax-free exemption, as a result of indexing, for estates created in 2019.
d. This tax law leads to the immediate elimination of the generation-skipping tax.

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