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jcharters

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jcharters

Tax on gifting money

I would like to give my parents 100,000 to help them purchase a house, they are in there 50's and I am in my 20's, so I hope there won't be any 7 year inheritance issues. Will they have to pay any tax...
20:34 Wed 22nd Apr 20091 answer, last by bednobs 21:20 Wed 22nd Apr 2009

Only 1 question