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Do investments in shares have any gift tax implications?

April 26, 2017implications investments Shares

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Do investments in shares have any gift tax implications?

2 Answers

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Investments in shares do not have any gift tax implications. Investment in shares in the name of a person other than the investors has income tax (gift) implications with effect from the fiscal year 2004. These shares will now be treated as income.

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Investments in shares do not have any Gift Tax implications. Investment in shares in the name of some other person other than the investors has Income-tax (gift) implications with effect from Financial Year 2004. These shares will now be treated as income.