Fwiw if they're legally gifts (which is not always obvious, consult your tax professional etc.), gift tax in the U.S. is payable by the gifter, not the recipien

Fwiw if they're legally gifts (which is not always obvious, consult your tax professional etc.), gift tax in the U.S. is payable by the gifter, not the recipient: http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Frequently-Asked-Questions-on-Gift-Taxes#1 http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employ... I believe this is because it's mainly aimed at wealthy estates who're trying to end-run the estate tax by conveying large amounts of money to would-be heirs via gifts instead.