Gift tax

A gift tax is a tax levied on monetary and non-monetary gifts. Most jurisdictions tax income through an income tax, but gifts are usually not considered as earned income. To eliminate this loophole, most jurisdictions tax gifts above a certain value as if the gift was earned income.

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• Inheritance tax

Jurisdiction: In law, jurisdiction refers to the aspect of any unique legal authority as being localized within the territorial boundaries of a state. Where an established legal authority is widely recognized, "jurisdiction" simply refers to matters of law which fall under the power of the legal authority to arbi...

Income tax: An income tax is a tax levied on the financial income of persons or of corporations. Various income tax systems exist, ranging from a flat tax to a progressive tax system. A tax levied on the income of companies is often called corporate tax, corporate income tax or corporation tax. Individual incom...

Loophole: The term loophole could refer to a number of things:...

Gift tax related Images and Photos (experimental)

Gift	The Gift	The Gift	The Gift
The Gift	SNL Gift Set	Gift of Love	Psych Gift Set
Bacon Gift Wrap	Eureka Gift Set	Medical Gift Set	Actor Gift Basket