Posted on June 27, 2008 by Greg Herman-Giddens

NC Gift Tax to be Repealed?

Budget negotiators for the North Carolina House and Senate agreed on tax breaks in the 2008-09 spending plan, which include, most notably for me and many of my clients, a repeal of the state gift tax.  North Carolina is one of only four states with a gift tax.  The others are Tennessee, Connecticut and Louisiana.
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