tax credit

Donor’s Tax

DONOR’S TAX SEC. 98. Imposition of Tax. – (A)  There shall be levied, assessed, collected and paid upon the transfer by any person, resident or nonresident, of the property by gift, a tax, computed as provided in Section 99. (B)  The tax shall apply whether the transfer is in trust or otherwise, whether the gift …

Donor’s Tax Read More »