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This means that, over the course of your life, you have given away $13.5 million above each year's annual exclusion to various individuals and organizations. You now want to give $100,000 each to ...
Most people can avoid having to pay federal gift tax when contributing $30,000 to a child’s wedding. This is because of the generous lifetime exclusion amount gifts. However, you’ll still need ...
If a conscientious objector who had been unwilling to pay taxes started to pay into a "peace tax fund", this would only mean more money for the government to spend, and the likely result of that is more money for the military. The Religious Freedom Peace Tax Fund Act in the United States, for instance, would give the government more tax revenue ...
For the period of 2018–2021, €6,000,000 annually will be allocated towards the purchase of electric cars and conversion of petrol cars to E85 and gas. An individual registering a new electric car in the period 1.1.2018–30.11.2021 is eligible for a grant of €2,000, if the purchase price of the car is €50,000 or less.
On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
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Each giver and recipient pair has its own annual exclusion; a giver can give to any number of recipients, and the exclusion is not affected by other gifts that the recipient may have received from other givers. Second, gifts over the annual exclusion may still be tax-free up to the lifetime estate basic exclusion amount ($13.61 million for 2024).