Annual Exclusion for Gifts to Non-U.S. Citizen Spouses Increased
The annual exclusion for gifts made to spouses who are not U.S. citizens has increased to $125,000.
Maximum Estate and Gift Tax Rate Reduced
For estates of decedents dying, and gifts made, after 2006 and before 2010, the maximum rate for the estate tax and the gift
tax is 45%.
Annual Exclusion for Gifts to Non-U.S. Citizen Spouses Increased
For calendar year 2008, the annual exclusion for gifts made to spouses who are not U.S. citizens will increase to $128,000.
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