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Results tagged with gift
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user 4501
1
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Can I rescind my conditional gift, which was a vehicle, if the employee is no longer with th...
You are also supposed to have reported the "sale" (gift) within 5 days, which I bet you didn't do. … Despite the appearance of this being a gift, it is not a gift, it's an exchange of value for value – just not cash value for you. …
- 217k
1
vote
Becoming a US person after making a gift
If you are a citizen or resident of the United States, you must file a gift tax return (whether or not any tax is ultimately
due) in the following situations. … If a person with no legal connection to the US makes a gift of $20,000 to a US person, and within that year becomes a US person (obtains a green card), that US resident will have made a gift within the …
- 217k
1
vote
Accepted
In beer can lottery who gets to keep the prize? Buyer or person who opened the can? Does mut...
Ordinarily, one would understand the gift of a car of beer to include the can, so if that is not your intent, you should be clear that you're only giving away the fluid content, and you expect to get the …
- 217k
2
votes
Is the restriction on receiving a "present" in the Emoluments Clause applicable?
§III of the complaint Blumenthal et al. v. Trump especially para 23- provide useful historical background on the Emoluments Clauses, in connection with preventing corruption, especially the practice o …
- 217k