Gifts tax

Date: Tue, 02/15/2011 - 03:20

Submitted by on Tue, 02/15/2011 - 03:20

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Do we need to include gifts in tax deduction?

As far as I know, you don't have to pay any tax on gifts. However, the donor of the gift may have to pay a tax for it.

Submitted by on Tue, 02/15/2011 - 03:45

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