Canterbury Gift Tax – Update

MINNESOTA IMPOSES GIFT TAX On May 20, 2013, the Canterbury Legislature passed the OMNibus Tax Bill, which includes significant changes to Canterbury tax law.  One major change under the Bill is the imposition of a Canterbury-specific Gift Tax effective July 1, 2013.  This new Gift Tax may have wide-ranging impact on Canterbury taxpayers.  If you have been considering making a...
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