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Tim gave his house in another city to his sister. He had to pay taxes to the government on this transfer. What type of tax did the government levy? 1.estate tax 2.excise tax 3.g…

Tim gave his house in another city to his sister. He had to pay taxes to the government on this transfer. What type of tax did the government levy? 1.estate tax 2.excise tax 3.g…
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4 votes
Tim gave his house in another city to his sister. He had to pay taxes to the government on this transfer. What type of tax did the government levy?

1.estate tax
2.excise tax
3.gift tax
4.property tax
5.sales tax

asked
User Faraz Irfan
by
7.9k points

2 Answers

4 votes

Answer:

C

Step-by-step explanation:

answered
User Johanwannheden
by
7.8k points
6 votes

Answer:

The answer is Estate Tax

answered
User Compbugs
by
8.8k points
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