Questions tagged [gift]

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BusanBeautyBlooming BusanBeautyBlooming Wed May 29 2024 | 5 answers 1777

Can I gift $100,000 to my son in Australia?

Could you please clarify for me, is it possible to gift a sum of $100,000 to my son who resides in Australia? I'm not entirely sure about the tax implications or any potential restrictions that might apply in this situation. Would this gift be taxed in either country? Are there any special requirements or forms I need to fill out to ensure the transaction is compliant with all relevant regulations? Additionally, is there a limit to how much money I can gift to my son without attracting any additional taxes or fees? Thank you for your assistance in clarifying this matter.

Can I gift $100,000 to my son in Australia?
BusanBeauty BusanBeauty Sat Mar 30 2024 | 5 answers 1607

Are there any gift taboos in Korea?

Excuse me, I'm curious about Korean culture and etiquette. I understand that in many cultures, there are certain taboos or customs regarding gifts. I was wondering if there are any similar gift taboos in Korea? For example, are there any types of gifts that are considered inappropriate or offensive? Or are there any specific occasions where giving gifts is not customary? I'd appreciate it if you could provide some insight into this matter.

Are there any gift taboos in Korea?
GinsengBoostPower GinsengBoostPower Sat Mar 30 2024 | 6 answers 1913

What is the gift taboo in Korea?

Excuse me, I'm quite interested in Korean culture and I'm wondering about a particular aspect of it - the gift taboo. Could you please elaborate on this for me? I've heard that there are certain gifts that are considered inappropriate or even offensive in Korean culture, and I'd like to avoid any potential mishaps while interacting with Koreans. Could you tell me what these taboo gifts are and why they're considered unsuitable? Thank you so much for your time and assistance!

What is the gift taboo in Korea?
CryptoVeteran CryptoVeteran Sat Mar 30 2024 | 7 answers 1627

How much crypto can you receive as a gift?

Good afternoon, I am interested in cryptocurrency and I was wondering about the regulations regarding receiving cryptocurrencies as gifts. Could you please enlighten me on this matter? Specifically, I'd like to know if there's a limit to the amount of crypto that can be received as a gift. Also, are there any tax implications that I should be aware of? Additionally, if the gift is received from a non-resident, would that affect the regulations or taxes involved? Thank you for your time and assistance. I appreciate your professional guidance in this matter.

How much crypto can you receive as a gift?
CryptoPioneer CryptoPioneer Sat Mar 30 2024 | 6 answers 1247

Can I gift crypto to avoid tax?

I've heard that cryptocurrency transactions are often anonymous and difficult to trace, so I was wondering if I could gift crypto to avoid paying taxes. After all, if the government can't track the transactions, they won't be able to tax them, right? But I'm also worried that this might be considered tax evasion or some other illegal activity. So, what's the best way to approach this? Can I gift crypto without running into any legal issues?

Can I gift crypto to avoid tax?

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