Gift tax is a tax that is levied on the transfer of property or assets as a gift. Gift tax may be imposed on the value of the gift, and may be paid by the donor or the recipient, depending on the jurisdiction. Continue Reading Below
Gift tax is a tax that is levied on the transfer of property or assets as a gift. Gift tax may be imposed on the value of the gift, and may be paid by the donor or the recipient, depending on the jurisdiction.
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