Gift tax

In economics, a gift tax is the tax on money or property that one living person gives to another.[1] Items received upon the death of another are considered separately under the inheritance tax. Many gifts are not subject to taxation because of exemptions given in tax laws. The gift tax amount varies by jurisdiction, and international comparison of rates is complex and fluid.

Taxation
An aspect of fiscal policy

Countries without gift tax

Countries with gift tax
gollark: This is an API I run to do some random things.
gollark: ```python#!/usr/bin/env python3from flask import Flask, jsonifyfrom wsgiref.simple_server import make_serverimport subprocessimport randomfrom mpd import MPDClientimport threadingimport timempd_client = MPDClient()mpd_client.connect("localhost", 6600)print("connected, mpd is", mpd_client.mpd_version)app = Flask(__name__)@app.route("/")def index(): return "Hello, World!"@app.route("/fortune/")def fortune(): return subprocess.run(["fortune"], stdout=subprocess.PIPE).stdoutcurrent_song = Nonedef mpd_loop(): print("mpd query loop started") while True: global current_song current_song = mpd_client.currentsong() current_song["status"] = mpd_client.status() time.sleep(0.2)threading.Thread(target=mpd_loop).start()@app.route("/current-song")def get_current_song(): return jsonify(current_song)with make_server('', 1337, app) as httpd: print("Serving HTTP...") httpd.serve_forever()```
gollark: It doesn't require classes. Hold on.
gollark: I saw `getunicode`, which seems python2-ish since python3 has better unicode handling.
gollark: Also, please use Flask and Python3.

See also

References
  1. O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. pp. 368. ISBN 0-13-063085-3.CS1 maint: location (link)
  2. "Gift duty (Duties and levies)". Inland Revenue. Retrieved 2019-09-22.
  3. "Capital Acquisitions Tax". www.citizensinformation.ie.
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