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gift tax
(redirected from Gift taxes)

    Also found in: Legal, Financial, Wikipedia 0.01 sec.
gift tax
n
(Economics, Accounting & Finance / Banking & Finance) another name for (the former) capital transfer tax
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.gift tax - a tax imposed on transfers of property by gift during the lifetime of the giver
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
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These systems are gift tax free systems and the agent briefs the user on the federal gift tax and other relevant gift taxes and gift laws related to it.
Effective Ways to Tread on the Path to Life by Leah R EVAN / Business community
According to the dissents, this interpretation was wrong because the regulations did not say "federal income tax purposes," and the regulation drafters could have specifically excluded federal gift taxes from the scope of the regulations had that been their intent.
Check-the-box regs. do not affect the valuation of LLC interests by Beavers, James / The Tax Adviser
Because closely held businesses may now be worth less than formerly, this might be a good time for tax advisers to explore with owners a chance to minimize estate and gift taxes by gifting shares to younger family members involved in the business.
Gifting shares of stock in a closely held business by Fromm, Steven J. / Journal of Accountancy
 
 
 
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