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  • In the Beginning…A Column Devoted to Tax Basics Tax DAC
    Annuity or life combined with a qualified long-term care insurance contract: treated entirely as the “other ... contracts. Contract 1 combines an annuity and long term care product. As discussed above, this leads to a costly ...

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    • Authors: Stephen Baker
    • Date: Feb 2017
    • Competency: External Forces & Industry Knowledge>External forces and business performance; Leadership>Change management; Professional Values>Practice expertise
    • Publication Name: Taxing Times
    • Topics: Financial Reporting & Accounting>Tax accounting