Gift Tax
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
Encyclopedia Articles
Discover the definition of financial terms related to gift tax.

Qualified Personal Residence Trust (QPRT)
Silas Bamigbola
Gift Letters in Real Estate: Understanding, Examples, and Tax Implications
Silas Bamigbola

Incidents of Ownership: Understanding, Impact, and Examples
SuperMoney Team

Uniform Transfer Tax: Definition, Components, and Practical Applications
Alessandra Nicole

Asset Transfer Taxation: Navigating Carryover Basis in Finance
Alessandra Nicole

Annual Exclusion: What It Is, How It Works, and Examples
SuperMoney Team

Crummey Trust: Definition, Benefits, and Real-Life Examples
Silas Bamigbola

Inter Vivos Gifts: Understanding, Planning, and Examples
Silas Bamigbola

Gift Causa Mortis: Definition, Examples, and Legal Considerations
SuperMoney Team

Financial Gifts: Types, Examples, and Strategic Planning
SuperMoney Team

