The adjustment reduces the actuarial value of the income interest in a trust to which a person transfers property with the intent to qualify for a gift tax exclusion. The adjustment changes the amount payable to a beneficiary as a fixed annuity or a fixed fraction of the value of the trust assets.
The northern hemisphere has its winter in December to February. Parts of Brazil is in the tropics, and don't reallyâ¦ have a summer or winter, but the parts that do have that sort of climate, from around Rio and SÃ£o Paulo and southwards, are in the southern hemisphere, where it is summer in December to February. 12 people found this useful.
Related Articles. What to Do in Brazil in August? In Canada, August offers some of the warmest weather of the year, with locals taking to the streets of large cities for festivals, heading to beaches coast-to-coast to escape the heat and humidity, or sipping iced wine in chic, urban lounges. Many Canadians take their annual holidays in August, and construction work grinds to a halt.