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    <description>Whether cancellation of a trust&#039;s income tax exemption registration constitutes a transfer rendering the capital fund (assets minus liabilities) at the time of withdrawal taxable, or whether capital and income applied to specified objects during the exemption period remain protected despite withdrawal of registration.</description>
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      <description>Whether cancellation of a trust&#039;s income tax exemption registration constitutes a transfer rendering the capital fund (assets minus liabilities) at the time of withdrawal taxable, or whether capital and income applied to specified objects during the exemption period remain protected despite withdrawal of registration.</description>
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