Meaning Of The Word Gift tax

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Gift tax Meaning

Gift tax Definition
Gift tax Definition

What's The Definition Of Gift tax?

gift tax in British English
noun
noun: (in Britain) a tax payable from 1974 to 1986 at progressive rates on the cumulative total of gifts of money or property made during the donor's lifetime or after his or her death. It was replaced by inheritance tax
noun: a tax imposed on the transfer of money or property from one living person to another by gift, payable by the donor

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