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[Swiss-list] gift tax

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From: click for textversion of email address
Date: Wed Jan 17 2007 - 13:28:12 PST


I'm looking for some tax information about receiving gifts from someone in Switzerland. I've seen that people have been asking this sort of question on this mailing-list already but I haven't seen a definitive answer to it.

The particular question I have is as follows. If one receives a $ gift from Switzerland, is that taxable by the receiver in the US, and if so, under which circumstances?



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