Thread: Receiving 150k money: will I be questioned?
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Old 07.04.2017, 14:53
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Re: Receiving 150k money: will I be questioned?
Quote:
Phil_MCR
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SG has a 10% gift tax. maybe your parents meant it to be a loan
Only TO parents, not FROM parents.

FROM parents it's tax-free.

(but there is always wealth tax on it)

Tom
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