annual exclusion gift — A gift that is not subject to federal gift tax because it does not exceed the annual exclusion amount. Category: Wills, Trusts & Estates → Estate Tax Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 … Law dictionary
Annual Exclusion — The amount of money that may be transferred by gift from one person to another each year without incurring a gift tax or affecting the unified credit. This amount can be transferred in the form of cash or other assets. The annual exclusion has no … Investment dictionary
annual exclusion — an·nu·al exclusion n: the maximum amount that a person can give each year as a gift without having to pay a gift tax ◇ The annual exclusion is currently $10,000 per donee. Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
annual exclusion — The amount each year which can be excluded in computing the gift tax on the donor without using the lifetime exemption … Black's law dictionary
annual exclusion — The amount each year which can be excluded in computing the gift tax on the donor without using the lifetime exemption … Black's law dictionary
exclusion — ex·clu·sion /ik sklü zhən/ n 1: the act of excluding or state of being excluded; specif: refusal of entry into the U.S. by immigration officials review of deportation and exclusion orders compare deportation 2: something that excludes or is… … Law dictionary
Taxation in the United States — is a complex system which may involve payment to at least four different levels of government and many methods of taxation. United States taxation includes local government, possibly including one or more of municipal, township, district and… … Wikipedia
Crummey trust — In the United States a Crummey trust (named for the first person to use such a structure) is a trust for the benefit of a minor into which gifts are made in a manner qualifying them for exclusion from the unified gift and estate tax. Normally,… … Wikipedia
Macedon Range Shire Council Electronic Gaming Machine Policy — The grant, transfer and addition of poker machine licenses in the State of Victoria continues to attract public interest. The Shire of Macedon Ranges Council s Electronic Gaming Machine (Pokies) Community Policy has evolved as a result of direct… … Wikipedia
Taxation history of the United States — The history of taxation in the United States began when it was composed of colonies ruled by the British Empire, French Empire, and Spanish Empire. After independence from Europe the United States collected poll taxes, tariffs, and excise taxes.… … Wikipedia