Tim gave his house in another city to his sister. He had to pay taxes to the government on this transfer. What type of tax did the government levy?
A. estate tax
B. excise tax
C. gift tax
D. property tax
E. sales tax
+5
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Tim gave his house in another city to his sister. He had to pay taxes to the government on this transfer. What type of tax did the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Tim gave his house in another city to his sister. He had to pay taxes to the government on this transfer. What type of tax did the government levy? A. estate tax B. excise tax C. gift tax D. property tax E. sales tax