3 ms·
>Also weird that it's framed as a "gift." https://www.irs.gov/businesses/small-businesses-self-employed/gift-tax https://www.irs.gov/businesses/small-businesse
by Dalewyn 2y ago
>Also weird that it's framed as a "gift."
https://www.irs.gov/businesses/small-businesses-self-employed/gift-tax https://www.irs.gov/businesses/small-businesses-self-employe...
https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes https://www.irs.gov/businesses/small-businesses-self-employe...
>The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return. The tax applies whether or not the donor intends the transfer to be a gift.