Gift Tax

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+A **Gift Tax** is a levy on the transfer of money or property from one individual to another without full compensation, typically while the giver is alive. Its purpose is often to prevent the circumvention of [Estate Tax](/wiki/estate_tax) and ensure a fair accounting of [Wealth Transfer](/wiki/wealth_transfer).
+## See also
+- [Estate Tax](/wiki/estate_tax)
+- [Inheritance Tax](/wiki/inheritance_tax)
+- [Taxation](/wiki/taxation)
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