gift tax reforms

Gift tax reforms refer to changes or revisions made to the laws or regulations governing the taxation of gifts. These reforms could involve alterations to tax rates, exemptions, thresholds, or any other aspects of the gift tax system. The primary aim of gift tax reforms is to modify and improve the way gifts are taxed, potentially to make the system fairer, more effective, or to address any existing issues or loopholes in the current framework.

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