Questions tagged [gift]

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Welcome Gift Not Received [closed]

I’m currently renting a flat at a student accommodation site. When I booked my room, there was a promotion online where I’d get a free one-year bus pass valid for the city I live in if I signed a ...
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1answer
83 views

Can parents be taxed for giving gifts to children?

Are there scenarios where parents would be taxed for giving gifts to their children, such as on birthdays, Christmas, etc.? Would gifts be subject to gift taxes if the amount exceeds $15,000/$30,000 (...
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1answer
161 views

Do you have to pay tax when you sell a gifted car?

Assume someone gets a used car as a gift that has a value under $10K. Now, a short time later, he wants to resell it. Does the law oblige him to pay any taxes arising from the sale? If so, how much? ...
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2answers
276 views

Can someone Legally Require me to give an Item back to them (A Computer) [closed]

I was recently given a computer, so I could perform certain tasks from my home. The computer is worth around $4200 and I have roughly $600 of my own money in it along with my Time/Labor to build the ...
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1answer
114 views

I told my friend I'd give him £10 in Bitcoin for their birthday 5 years ago but never did. Am I liable for £0, £10 or £1000?

Two questions. Firstly, is it enforceable. Secondly, if it were, would I owe £10 in Bitcoin now, or the amount of Bitcoin at the date £10 would get you 5 years ago? I believe I've answered the first ...
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1answer
1k views

Can someone sue me for not giving back the amount of money they gave me as a gift?

I was given an amount of money (less than 2,000$ CAD) as a gift from someone with her confirmation (by message and on paper). At first, I told her that I would accept the gift, but in the future, if ...
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1answer
137 views

Can someone who gave me a gift (pro camera) demand I give it back?

My ex bought me a pro camera a few years ago (when we were a couple). It cost around 1000 euros at that time. He said that for it I need to make 14 days of photoshooting for him. Since we spent a lot ...
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2answers
3k views

What laws did Lori Loughlin (and friends) break?

I watched the college admission scandal articles go by earlier in the week without much interest. Today I read College admissions scheme: How Felicity Huffman and Lori Loughlin allegedly participated, ...
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3answers
142 views

Can I rescind my conditional gift, which was a vehicle, if the employee is no longer with the company? [closed]

We had an employee who was having car trouble during the pandemic and once the office opened back up we reailzed that paying for her Uber every day was not sustainable. I agreed to gift her my vehicle,...
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2answers
92 views

Recovery of gift through civil lawsuit

Say I give someone a vehicle and have preexisting credit card credit that I use to buy it. Then, I want the vehicle back. Can't I just do this: Tell a lawyer to buy my debt Lawyer sues me for ...
2
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2answers
2k views

How can I get back my dead mother's ring, which I gave to a family friend?

My mother has been dead for a couple of years now and upon her death I received her butterfly ring and her ashes. I had given her ring to a family friend who was like a mother to mine, but ...
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271 views

When a signed contract states that a landlord has gifted white goods to a tenant, does this transfer ownership to the tenant?

If a signed Addendum is attached to a tenancy agreement, stating that 'the landlord understands that the white goods have been gited to the tenant from the start of the tenancy', does this mean that ...
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49 views

Claiming Gift Aid on conference my non-profit is organising

My unincorporated, HMRC tax-exempt UK non-profit is working on organising a conference in the next year. For the conference, we are charging a fee for each attendee, but reinvesting all money from the ...
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1answer
110 views

A gift still being paid for

So, I was gifted a drawing tablet specifically for me on Christmas. Nobody in our home also draws digitally besides me. We're having some family issues so we're trying to leave. But then again theyve ...
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1answer
47 views

Agreement with family member who wants to pay for home modifications

I have a family member who will live with me in a house I just purchased. They want to make a bunch of modifications to the property and have agreed to pay for these modifications with their money. ...
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0answers
65 views

Is the restriction on receiving a "present" in the Emoluments Clause applicable?

The Emolument Clause: No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept ...
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1answer
20k views

Can someone legally require me to return a gift they gave me?

So a "friend" in Canada sent me a tablet ( I think it was worth $400 U.S. currency) to replace the one I had that I could barely do anything on. I never asked for one, and I remember repeatedly that I ...
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1answer
131 views

If someone sent me a gift in exchange for a favor and I did said favor can I be required to return the gift?

A friend recently mailed me an X-Box One and a Samsung Galaxy S10 in the condition that I complete Nightwave Season 2 for them in a PlayStation Network Video Game known as Warframe. So I did log on ...
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2answers
837 views

Is it acceptable to send flowers to a judge after a routine administrative proceeding?

I recently filed a petition in my county court. While I'm aware it's a routine proceeding for county judges, the judge's grant of my petition means a lot to me personally, and I would like to send a ...
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2answers
613 views

When is a "gift" considered conditional?

I gave my friend an old Les Paul guitar which I subsequently learned was worth a lot, so I wanted it back. I had given it to him only because he needed it for a class. He has dropped the class. Can ...
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1answer
186 views

For a politician, is a lunch outing with Warren Buffet considered a $650,000 gift?

There is a story in the news about Nikki Haley (now former US ambassador to the UN) taking trips in a friend's (and political supporter's) private jet. See story: Watchdog wants investigation of ...
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2answers
3k views

Can I get prosecuted in the US for buying and using a stolen gift card?

I bought a $30 restaurant gift card code the other day for $10 from some online vendor and used it at the store as well as my credit card to pay for the rest (so it does connect to me). It wasn't a ...
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1answer
314 views

I have multiple Gift Cards for a retailer but they refuse to let me apply more than one per order. Is this legal?

We were recently given a couple dozen gift cards from multiple web sites, but as far as I can tell the same parent company (website design is the same, about us page is the same etc.). I've already ...
2
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1answer
638 views

Is it a crime to receive money from one individual and give it to another individual to reduce their taxes?

I have two relatives, Alice and Betty. Alice wants to give Betty a $20,000 cash gift, but because this is over the $14,000 cap for tax-free gifting, they are concerned about Betty's tax ...
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1answer
278 views

Can a Chrismas gift be taken back several years later?

My now ex-girlfriend who does not live with me, yet who has stayed here for several weeks at a time as she resides in another state, gave me a TV for Christmas and, now that the relationship has ended,...
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2answers
1k views

UK: Can I give money to my brother instead of him paying income tax on a share of my rental income?

Let's say my brother acts as guarantor for my mortgage, so that I can buy a bigger house than before. He does not put his name on the house deeds, and he does not contribute to mortgage payments, I ...
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1answer
114 views

In beer can lottery who gets to keep the prize? Buyer or person who opened the can? Does mutual mistake rule applies to gifts?

I have an interesting situation on my facebook wall. Take ten beers to a friend's house. One wins a motor. Whose? Yours or friend's? Basically in Cambodia there's a beer lottery you open a can and ...
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3answers
11k views

Why doesn't everyone in UK just pay with exempted gifts?

From what I've grasped from the gov.uk website, you can gift as much as you like to anyone without paying any tax, as long as you don't die in the next 7 years. So why doesn't everyone just gift ...
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2answers
501 views

Employer Requires Employees to pay Cash Gift to Owners

Every year an Alabama based small business requires every employee (except for the daughter of one of the owners, apparently) to pay a $30 cash gift that is split between the two owners. In theory, ...
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1answer
6k views

Can you take back a gift?

Suppose that I unconditionally and unambiguously give a person a thing such as a necklace with a moderate value (say $1000): I hand it to them and say "Here, you can have this, I don't need it anymore"...