Generation-skipping transfer tax
id:
generation-skipping-transfer-tax-253-12303789
title:
Generation-skipping transfer tax
text:
The U.S. generation-skipping transfer tax imposes a tax on both outright gifts and transfers in trust to or for the benefit of unrelated persons who are more than 37.5 years younger than the donor or to related persons more than one generation younger than the donor, such as grandchildren. These people are known as "skip persons". In most cases where a trust is involved, the GST tax will be imposed only if the transfer avoids incurring a gift or estate tax at each generation level. Assume, for e
brand slug:
wiki
category slug:
encyclopedia
description:
United States tax system for transfers to younger persons
original url:
https://en.wikipedia.org/wiki/Generation-skipping_transfer_tax
date created:
date modified:
2023-11-05T22:23:06Z
main entity:
{"identifier":"Q5532554","url":"https://www.wikidata.org/entity/Q5532554"}
image:
fields total:
13
integrity:
14