What GIFT means: 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.
- Definition Government Bonds Issued At A Discount:
- Dictionary Government bonds (Series E and EE) are issued at a discount and do not pay interest during the life of the bond. Instead, the bonds are redeemable at increasing fixed amounts. Thus, the difference gift definition.
- Definition Gross Rents:
- Dictionary Total income from rents before expenses or the depreciation or cost recovery deduction gift explain.
- Definition Gross Income:
- Dictionary Total worldwide income received in the form of money, property, or services that is subject to tax unless specifically exempt or excluded by law gift what is.
- Definition Gain:
- Dictionary The excess of the amount realized from a sale or exchange over the adjusted basis of the property sold or exchanged gift meaning.
How works Gift meaning in Tax definitions G .
