GIFT TAX

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does gift tax mean? 

• GIFT TAX (noun)
  The noun GIFT TAX has 1 sense:

1. a tax imposed on transfers of property by gift during the lifetime of the giver

  Familiarity information: GIFT TAX used as a noun is very rare.

 Dictionary entry details 

• GIFT TAX (noun)

Sense 1

Meaning:

A tax imposed on transfers of property by gift during the lifetime of the giver

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("gift tax" is a kind of...):

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)