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.

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Nearby words

gifford's operation, gift, gift certificate, gift of gab, gift of tongues, gift tax, gift voucher, gift-wrap, gift-wrapped, giftable, gifted
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