Gifts received are not subject to income taxation;however the donor is subject to the gift tax rules on the making of a gift.() 相关知识点: 试题来源: 解析 正确 翻译:收到的礼品不需缴纳所得税,但是,捐赠者在制作礼品时须遵守礼品税规则。原因:接收的礼品是由赠送者承担了该商品的所得税,所以...
Large Gifts and the Gift Tax: Uncle Sam Wants His Share.The article presents several questions and answers related to gift tax in the U.S. It describes the kinds of gifts that are subject to federal gift tax. It explains the consequences of giving a gift that exceeds the annual exclusion...
IRS RULES THAT GIFTS SUBJECT TO MANAGEMENT INVESTMENT CONTROL ARE NONETHELESS DEDUCTIBLE.Reports on the ruling by the United States Internal Revenue Service that a donor is entitled to an income and gift tax charitable deduction for a contribution of money or other property where the donor, or ...
States Internal Revenue Service that a donor is entitled to an income and gift tax charitable deduction for a contribution of money or other property where the donor, or the donor's investment manager, retains the power, under certain conditions, to manage the gift property in a designated ...
A gift causa mortis contrasts with a gift inter vivos, which the giver bequeaths while still living. A large gift causa mortis may be subject to the gift tax. Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved gift causa mortis A gift in contemplation of death. This...
Gifts received are not subject to income taxation; however the donor is subject to the gift tax rules on the making of a gift.()此题为判断题(对,错)。请帮忙给出正确答案和分析,谢谢!
Examining three types of individual transfers which might be subject to IHT The politics of inheritance tax (IHT) are among the most controversial. IHT’s unpopularity is not simply because it brings together the two unfortunate certainties of life – death and taxes. Many see IHT as unfair bec...
without paying state taxes. The state will not impose taxes on the gift's recipient either. Under Pennsylvania law, a gift is any good or service you provide without receiving compensation. However, cash or property that you transfer in exchange for something of value is subject to state ...
, the portion of a distribution attributable to rolled-over amounts which exceeds the amounts taxed in connection with the conversion to a Xxxx XXX is includable in income (and subject to penalty tax) if it is distributed prior to the end of the five-tax-year period beginning with the ...
transfer assets from parents to their children.1The amount is free of gift tax, up to a certain amount. The assets are usually placed in UGMA accounts on behalf of minors, eliminating the need for an attorney to establish a specialtrust fund. UGMA funds are also subject to special tax ...