Iraqi Dinar Chat, Information, News, Facts, Guru Forums, RV and Revaluation info
-
Gifts to kids
What are the tax ramifications of giving pre-RV dinars to my kids? Seems to me that neither I nor they will have to pay tax on them. I've given each 100,000 dinars.
-
-
its the same old thing. when they get cashed in, the tax is due. you can gift up to one million dollars per lifetime to any family member, without taxes being due (at least that is how i understand it).
-
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
Forum Rules