Question

please name the answer ( the company)

and explain why

7. There are additional tax advantages, beyond mismatch of income and deduction, for the establishment of an ESOP. One of these is non-recognition of gain treatment. To obtain non-recognition of gain treatment, qualified replacement property must be purchased. Which of the following investments would qualify as qualified replacement securities? a. DIA - The Dow Jones Industrial Average ETF Trust. b. Porsche Automobile Holding ADR. UPS (United Parcel Service) Debentures. d. Louisiana general obligation bonds. C. are and is the sole owner. He decides

Answer 1

P.nal Answer :- Correct answer is option (A) DIA - the Dow Jones industrial Average ETF frust. All the other options are false. are » Because , Dow Jones Industrial Average exchange traded fund trust is type of qualified replacement Security because they representative of all the Stocks which are listed on the United States Stock exchange and which are based in America and they are not government stocks. please vote positively...