Gift Tax Calculator
Calculate your gift tax liability with our comprehensive calculator. Determine tax obligations based on gift value, recipient relationship, country-specific regulations, and major currencies.
Step 1: Gift Details
Understanding Gift Tax
Gift tax regulations vary significantly by country. Many countries have annual and lifetime exemptions, with different rates applying to gifts exceeding these thresholds. Spousal gifts are often tax-free.
Step 2: Tax Parameters
About Gift Tax Exemptions
Most countries provide annual gift tax exemptions that allow tax-free giving up to a certain amount per recipient per year. Lifetime exemptions apply to cumulative gifts over your lifetime above annual exemptions.
Gift Tax Results
Estimated Gift Tax Liability
Gift Tax Comparison by Country
| Country | Annual Exemption | Tax Rate Range | Tax on $25,000 |
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Tax Calculation Breakdown
Gift Tax Formula
Taxable Amount = Max(0, Gift Value – Annual Exemption)
Gift Tax = Taxable Amount × Tax Rate
To calculate gift tax: Subtract the annual exemption from the gift value (if result is negative, use 0), then multiply by the applicable tax rate. Note that lifetime exemptions may apply for larger cumulative gifts.
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