definitions

gift tax

noun

a tax imposed on the transfer of money or property from one living person to another by gift, payable by the donor.

RELATED CONTENT

Do You Give Presents Or Gifts? Here’s The DifferenceWhere do the words gift and present come from? Why does English use both? We're pretty sure it's not just so that children can ask for toys in multiple ways ...
READ MORE
Do You Give Presents Or Gifts? Here’s The DifferenceWhere do the words gift and present come from? Why does English use both? We're pretty sure it's not just so that children can ask for toys in multiple ways ...
READ MORE

Nearby words

gifford's operation, gift, gift certificate, gift of gab, gift of tongues, gift tax, gift voucher, gift-wrap, giftable, gifted, giftware
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for gift tax

gift tax

noun

another name for (the former) capital transfer tax
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012