What Is a Monetary Gift?

Answer

A monetary gift is cash that you give to someone as a present, usually not expecting any compensation in return. Monetary gifts or cash gifts are common in weddings and such occasions. In the UK, a small cash gift of £250 in one tax year is tax exempt.
Q&A Related to "What Is a Monetary Gift"
A monetary graduation gift will help your loved one move on to the new phase in her life, whether it's going away to college, going out into the real world or working and paying bills
http://www.ehow.com/about_7432759_proper-monetary-...
The gift tax rules state that you are entitled to an annual exclusion of $12,000 per recipient. Under gift tax law, you're entitled to present a gift valued at up to $12,000 to any
http://www.life123.com/career-money/wealth-managem...
The Peso.
http://wiki.answers.com/Q/What_is_mexicos_monetary...
yuan.
http://wiki.answers.com/Q/What_is_China's_monetary...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com