arahlewilbrE arahlewilbrE
  • 23-01-2017
  • Business
contestada

What is the difference between an estate tax and a gift tax?

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najah7 najah7
  • 23-01-2017
Estate tax is money or property from a person who has died. Gift tax is money or property that is given from a living person.
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ParkDweller ParkDweller
  • 09-04-2020

1. C. The U.S Constitution

2. B. The tax is fairly assessed

3. B. An estate tax is a tax on the money and property of someone who has died; a gift tax is a tax on money or property given from one living person to another

4. C. 47%

5. A. The higher the income a person has, the higher the percentage that person pays in tax

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