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Discounted basis |
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Discounted basis To sell a debt instrument below maturity value, so that the difference makes up all or part of the interest. |
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| Some insurers are even providing the services on a complimentary or discounted basis. In addition to lowering current taxes, it can be used to move assets out of a taxable estate on a discounted basis and to remove future value from a taxpayer's estate. However, on a discounted basis, greater tax savings arise from claiming the DLD in 1995. |
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