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Question 469 - CTFA discussion

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When no tax deductions are allowed if risks are not transferred, whereas premiums paid to insurers are tax deductible, this leads to the formation of:

A.
Portfolio
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A.
Portfolio
B.
Claims
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B.
Claims
C.
Captives
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C.
Captives
D.
Fronting
Answers
D.
Fronting
Suggested answer: C
asked 16/09/2024
Jose Gonzalez
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