Gift help: My dad (foreigner) wants to buy me a new car here in the US. - Help.com



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My dad (foreigner) wants to buy me a new car here in the US.

How would the taxes work? Would he have to pay gift tax on top of the sales tax? Would I have to pay gift tax?

This open post was written 6 months ago | V/U/S: 154, 1, 2 | Edit Post | Leave a reply | Report Post


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June.Dear offline Verified User (6 months, 2 weeks) Long Term User Shouts: 4 #
An Unknown Location | 6 months ago (2 days, 7 hours after post)

An accountant/tax adviser would be the best person to answer this question. The reason why is because there are a LOT of variables to your question. Good luck!

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