gift tax

noun

The tax on money or property that one living person or corporate entity gives to another

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Meanings

noungift tax (plural gift taxes)

plural gift taxes

  1. economicsThe tax on money or property that one living person or corporate entity gives to another
Cite this entry
APA

gift tax. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/gift%20tax

MLA

“gift tax.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/gift%20tax. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “gift tax,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/gift%20tax.

Source: gift tax on Wiktionary, CC BY-SA 4.0.