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Gifts are tax free for everyone but the 0.1%ers. It has nothing to do with income tax, since it was not income for work rendered - it was a gift.
by axiosgunnar 5y ago
Gifts are tax free for everyone but the 0.1%ers.
It has nothing to do with income tax, since it was not income for work rendered - it was a gift.
- yourusername 5y agoThat really depends on the country. In the Netherlands gifts over €3244 are taxed 10-40% depending on the specific situation.