Understanding the Process and Purpose of Gift Tax Valuation in the USA

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2025-06-23 04:34:44 -

Gift tax valuation in the USA is a critical financial process used to determine the fair market value of assets transferred as gifts. When an individual gives property, business interests, or other valuable assets to another person without receiving full compensation, the IRS requires accurate reporting to assess potential gift tax obligations. The valuation ensures compliance with federal tax...

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