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The Gift of a Lifetime is an educational documentary about organ donation, tissue donation and organ transplants in the United States.
The gift tax and estate taxes are linked in the tax system, so
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gift tax is a tax imposed on the transfer of ownership of property.The United States Internal Revenue Service says, a
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gift taxes is a dollar amount you can give away without paying the tax—and yes, it's the giver, not the recipient, who must pay it. The Internal Revenue Code also provides for an annual exclusion, and some gifts are exempt from taxation, so they don't count against either the exemption or the exclusion.
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