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DISCLAIMER: Any opinion expressed by a contributor is to be considered his/her own personal opinion, not the opinion of any other swiss-list member, the swiss-list website managers or the swiss-list committee.
I'm looking for some tax information about receiving gifts from someone in Switzerland. I've seen that people have been asking this sort of question on this mailing-list already but I haven't seen a definitive answer to it.
The particular question I have is as follows. If one receives a $ gift from Switzerland, is that taxable by the receiver in the US, and if so, under which circumstances?
Received on Wed Jan 17 2007 - 15:39:56 PST