taxable gift

taxable gift
n.
A gift that is subject to taxation.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


taxable gift
n. The part of a gift that, after allowable deductions are made, is subjected to the unified estate and gift tax.

Webster's New World Law Dictionary. . 2000.

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  • taxable transfer — A transfer of property subject to gift tax. See taxable gifts …   Ballentine's law dictionary

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