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    <title>Transfer of income without transfer of assets.</title>
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    <description>Income arising to any person by virtue of a transfer, whether revocable or not and regardless of timing, where there is no transfer of the asset producing that income, is chargeable to tax as the income of the transferor and must be included in his total income.</description>
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      <description>Income arising to any person by virtue of a transfer, whether revocable or not and regardless of timing, where there is no transfer of the asset producing that income, is chargeable to tax as the income of the transferor and must be included in his total income.</description>
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