Meaning 1035 exchange
What does 1035 exchange mean? Here you find 6 meanings of the word 1035 exchange. You can also add a definition of 1035 exchange yourself
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1035 exchangeA method of exchanging insurance-related assets without triggering a taxable event. Cash-value life insurance policies and annuity contracts are two products that may qualify for a 1035 exchange.
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1035 exchangeA method of exchanging insurance-related assets without triggering a taxable event. Cash-value life insurance policies and annuity contracts are two products that may qualify for a 1035 exchange.
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1035 exchangeA nontaxable exchange of life insurance policies and annuities as provided under Section 1035(a) of the Internal Revenue Code.
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1035 exchangeA method of exchanging insurance-related assets without triggering a taxable event. Cash-value life insurance policies and annuity contracts are two products that may qualify for a 1035 exchange.
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1035 exchangeA method of exchanging insurance-related assets without triggering a taxable event. Cash-value life insurance policies and annuity contracts are two products that may qualify for a 1035 exchange.
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1035 exchangeSection 1035 sets out provisions for the exchange of similar (insurance related) assets without any tax consequence upon the conversion. If the exchange qualifies for like-kind exchange consideration, income taxes are deferred until the new property or asset is sold. The 1035 exchange provisions are only available for a limited type of asset which [..]
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