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Gift |
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Gift A transfer of property from one person or entity to another without consideration or compensation. For income tax purposes, the words "gift" and "contribution" usually have separate meanings, the latter word being used in connection with contributions to charitable, religious, etc., organizations, whereas the word "gift" refers to transfers of money or property to individuals. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| In 2001 Americans filed 304,000 gift tax returns and paid nearly $4 billion in gift taxes. Discover([R]) Card today released its second annual Gift Card Survey, a national poll examining spending trends in gift cards for the upcoming holiday shopping season as well as the opinions of those who give and receive them. The 8th Annual Coinstar National Currency Poll for the holidays revealed consumer attitudes toward seasonal gifting that is driving a strong interest in gift card purchases. |
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