Legal Question in International Law in South Carolina
inheritance tax
My mother who is a citizen of Belgium inherited some money, all the taxes are paid on it. Now she wants to give me - a US citizen - some of this money. Do I need to pay taxes on this again?
Asked on 4/29/09, 2:53 pm
1 Answer from Attorneys
Lawrence Graves
Coolidge & Graves PLLC
Re: inheritance tax
No; in the US, gifts are taxed to the donor not the recipient. If your mother is not a US Taxpayer (this is a defined concept and depends not only on citizenship but also residence), then she would owe no tax to the US and in any case you would not.
Best wishes,
LDWG
Answered on 4/29/09, 3:20 pm