Author: Price Waterhouse MeyernelPublisher: MICHIE
ISBN: 9780409076547
Category : Income tax
Languages : en
Pages : 230
Book Description
The Standard Trust Income Tax Guide, 1992-1993
Author: Price Waterhouse MeyernelPublisher: MICHIE
ISBN: 9780409076547
Category : Income tax
Languages : en
Pages : 230
Book Description
The Standard Trust Income Tax Guide 1992-93
Author: Publisher:
ISBN: 9780409076547
Category : Income tax
Languages : en
Pages : 230
Book Description
The Standard Trust Income Tax Guide 1994-95
Author: Price Waterhouse MeyernelPublisher:
ISBN: 9780409076554
Category : Income tax
Languages : en
Pages : 249
Book Description
The Standard Trust Income Tax Guide
Author: Publisher: Butterworth-Heinemann
ISBN: 9780409076356
Category : Income tax
Languages : en
Pages : 199
Book Description
Tele-tax
Author: United States. Internal Revenue ServicePublisher:
ISBN:
Category : Tax administration and procedure
Languages : en
Pages : 12
Book Description
U.S. Tax Guide for Aliens
Author: Individual retirement arrangements (IRAs)
Author: United States. Internal Revenue ServicePublisher:
ISBN:
Category : Individual retirement accounts
Languages : en
Pages : 284
Book Description
Bulletin for International Fiscal Documentation
Author: International Bureau of Fiscal DocumentationPublisher:
ISBN:
Category : Finance
Languages : en
Pages : 594
Book Description
Subject Guide to Books in Print
Author: Publisher:
ISBN:
Category : American literature
Languages : en
Pages : 3054
Book Description
The Federal Gift Tax
Author: David JoulfaianPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The gift tax was first enacted in 1924, repealed in 1926, overhauled and reintroduced in 1932. At its peak in fiscal year 1999, it raised $4.6 billion in revenues, before the recent phased-in tax rate reductions ushered by the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) took effect. It is noteworthy that the gift tax was first enacted as a protective measure to minimize estate and income tax avoidance, and not for its direct revenue yield. Similarly, EGTRRA, while phasing out the estate tax, retained the gift tax for the very same reasons. Unlike the estate tax which faces an uncertain future, the gift tax is little affected by recent legislative proposals and will remain part of the tax code for the foreseeable future. Nevertheless, the gift tax has been the subject of little scrutiny and studies of its economic implications are rare. This paper is an attempt to fill this void. It traces the evolution of the gift tax since its inception, and sketches out the structure of the tax and its complex interactions with the income and estate taxes. The paper also provides an overview of the direct fiscal contribution of the gift tax, and traces the number of taxpayers over time as well as their attributes. It concludes with a discussion of the behavioral effects of the gift tax and a review of the scant literature. These include empirical evidence on the choice between gifts and bequests, timing of gifts, and compliance among others.