Gift tax in the United States
If a person is a non-resident alien for purposes of gift tax, taxation of gifts is determined in a different way. If the property is not located in the U.S., there is no gift tax. If it is intangible property, such as shares in U.S. corporations and interests in partnerships or LLCs, there is no gift tax.
Endowment tax
In addition to donating money, many charities accept donations in kind, such as cars, houses and art. When a donation is made in kind, the donor must demonstrate the value of the donation in the open market to obtain the corresponding allowance.
Before donating to an asset that has increased in value since the purchase, it is important to consider whether it is better to donate directly to the asset or to donate after the sale.
Direct donations can be taxed at the original purchase price without paying more tax on any potential profits.If a donor receives an income tax credit on the day's value of the share transfer, he does not have to pay VAT on the added value of the donated stock. And after giving away the stock, the donor can buy back the stock at any time, so if you can buy back the stock, it will bring a significant amount of income. But only 30 percent of the tax allowance is given, often less than cash donations.