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- Sat Dec 23, 2006 1:52 am
- Forum: Canada / United States Tax & Accounting
- Topic: Gift Tax
- Replies: 1
- Views: 1843
Gift Tax
My wife and I are residents for tax purposes. Her father and her brother have a joint account in the US (none is US resident and the account is not related to US business other that investment/securities). My father in law has decided to give 120,000 dlls to my wife as a gift. We plan to transfer 90...