2023 Who Needs to Pay US Gift Tax?
The gift tax is a tax that someone transfers properties to another person without any returns or receiving less than fair market value. The gift tax applies to every doner whether you intend to transfer properties as gifts or not.
The following are the U.S. gift tax rules for the 2022 tax year:
- Tangible Assets：Real Estate, Cash, Bank Savings, Bond, Listed Company Stock, etc.
- Intangible Assets：Unlisted Company Stock, Patent, Copyright, etc.
USCPA Sophie Luo (羅霞) reminds you that gift tax exemptions may vary from year to year.
If you want to give a gift, you can consult a professional accountant in advance.
If you have any questions or need further help,
please contact us at the USCPA Sophie Luo (羅霞) +886 980919600
or Email: ustaxproservice@gmail.com
Also welcome to visit our website: https://www.ustaxproservice.com
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