During a tax audit, the tax office even levies a tax on donations from immediate family members for formal reasons, although such donations are exempt from tax without limit. In the meantime, the legislator wants to liberalize the provisions – the bill provides for a radical increase in the amounts exempt from inheritance tax and gifts, even from extended family members and foreigners.
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The transmission of goods, especially between relatives, is part of everyday life. After several decades of normalcy – previously private property was frowned upon for almost half a century – we began to accumulate a heritage that was traditionally passed down from one generation to the next. It is obvious that, as on any other occasion, the taxman is looking for his “conspiracy” – but he must not do so intrusively and in a way that would considerably reduce the life of the next generation.
Inheritance and gift tax is still controversial, particularly in the context of the prosecution of recipients of donations by the tax authorities. What a lot of shouting about the problems of the newlyweds in the context of the tax on gifts of wedding gifts.
It turns out, however, that not only that. Although within the closest family circle, inheritance and gifts are exempt from tax, without any limit, the tax office may levy tax if only certain formal items are not met.
In the case of cash, it is necessary to transfer money to the account of the gifted family member. As tax advisers told Rzeczpospolita, the tax was levied on people who received money “on hand” from their parents, even if they immediately paid it into their own account. A similar punishment happened to another person who, instead of transferring money to the account of the closest family member, immediately transferred it to the account of the promoter (the donation was intended for the purchase of an apartment).
Such activities of the tax administration go against the intentions of the legislator, which is best demonstrated by the draft law mitigating inheritance and gift taxes, in particular within the framework of the free amount.
This is reported by Piotr Juszczyk, Chief Tax Advisor at inFakt.
