Further explain the regulations related to gift and estate tax?© BrainMass Inc. brainmass.com October 25, 2018, 8:48 am ad1c9bdddf
This is a very broad topic, so we will cover the basic concepts of gift and estate taxes. Gift taxes are paid by the person giving the gift, on gifts over a certain amount. In 2013, single taxpayers can exclude $14,000 in gifts, and a married couple can exclude $28,000. If I gift my sister $15,000 to use as a down payment on a home she wishes to purchase, I only need to pay gift taxes on $1,000. If I give my church - community center - other charitable place $20,000, I don't need to pay any gift taxes, as it is considered a charitable contribution and not a gift. There is some exclusion to the gift tax rules. Money gifted for tuition, medical expenses, money given to a spouse, ...
This solution explains the regulations related to gift and estate taxes. A comprehensive discussion is provided.
eBay and Cyber Law
What regulations and laws cover companies who are strictly online?
Please look at eBay and find out more about this company compared to other companies around the world.
Please focus on the following areas of this company as well as what an online company looks at with regards to these subjects: online ethics, legal compliance, international arbitration and mediation of domain name disputes, digital signatures and contracts, and copyrights.
Please provide annotated bibliography of part 1. This is separate from the reference page.View Full Posting Details