foreign gift tax rule
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zhang242463 Mon Mar 24, 2008 10:56 am    

foreign gift tax rule 
hi, blast,
here is a very good foreign gift tax explanation. It looks like there is no limit in receiving foreign gift tax. Do you know what is IRS's criteria in determining whether the gift can be treated as gift or not?
http://www.bankrate.com/brm/itax/tax_adviser/20060823a1.asp
Thanks
blast_investor Mon Mar 24, 2008 11:41 am    

 
I don't know anything about it.
zhang242463 Mon Mar 24, 2008 12:50 pm    

 
looks like gifts from foreign individual is tax free for the first 100k.
 
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