Talk:Generation-skipping transfer tax

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2010 developments[edit]

Because the Estate Tax expired completely in 2010 (but likely will return in 2011), that signfiicantly affects people with trusts like this who could die in 2010. Someone with actual tax law credentials should probably add a new section to this article warning of the dangers and possible unintended consequences.69.37.68.72 (talk) 00:08, 9 March 2010 (UTC)[reply]

This article needs to be updated with information from the Tax Relief Act of 2010. Techsavvycpa (talk) 16:49, 11 January 2011 (UTC)[reply]

Assessment comment[edit]

The comment(s) below were originally left at Talk:Generation-skipping transfer tax/Comments, and are posted here for posterity. Following several discussions in past years, these subpages are now deprecated. The comments may be irrelevant or outdated; if so, please feel free to remove this section.

==WP Tax Class==

Stub class becuase only one section.EECavazos 20:03, 3 November 2007 (UTC)[reply]

==WP Tax Priority==

Low priority because esoteric and limited to one country.EECavazos 20:03, 3 November 2007 (UTC)[reply]

Last edited at 20:04, 3 November 2007 (UTC). Substituted at 15:54, 29 April 2016 (UTC)

2019 Update Requested[edit]

From a user who edited the main article page (edit has since been reverted and moved here): "For generation-skipping trusts created in the years of 2011 and 2012 and for outright gifts to skip-persons, taxpayers are entitled to a $5 million GST tax exemption. [THESE AMOUNTS ARE OUT-OF-DATE]" — Preceding unsigned comment added by Yerkes-Dodson (talk • contribs) 23:40, 9 December 2019 (UTC)[reply]

Motivation of the GST tax?[edit]

A section about why the GST exists (other than to complicate the lives of people who give away or receive money) would be useful in the article. The reason for every tax is "to suck money out of productive people and feed it to a government" but this one is so strange that there has to be more to it than that. --Gnuish (talk) 10:28, 25 October 2022 (UTC)[reply]

There seems to be an intuition that leaving property to grandchildren is cheating on one layer of inheritance tax. —Tamfang (talk) 21:07, 13 December 2022 (UTC)[reply]