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Harrizon [31]
3 years ago
5

When would you have to pay a gift tax?

Social Studies
1 answer:
natulia [17]3 years ago
3 0

The giver must file a gift tax return, showing an excess gift of $6,000 ($20,000 – $15,000 exclusion = $5,000). Each year, the amount a person gives other people over the annual exclusion accumulates until it reaches the lifetime gift tax exclusion.

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Why did the Europeans trade with Asia?
bogdanovich [222]

Answer:

B or C

Explanation:

B: During the period 1500-1800 Asian commodities flooded into the West. As well as spices and tea, they included silks, cottons, porcelains and other luxury goods. Since few European products could be successfully sold in bulk in Asian markets, these imports were paid for with silver. The resulting currency drain encouraged Europeans to imitate the goods they so admired. In Asia, there was no comparable mass importation of western goods. However, there was a great fascination with European scientific and artistic technologies. These influenced local lifestyles and inspired Asian scholars, artists and craftsmen.

The East occupied an important place in the western imagination. The reverse was also true. European objects and artifacts, sometimes reworked to suit Asian lifestyles, created a corresponding vision of a mysterious and exotic West.

C:Spice trade, the cultivation, preparation, transport, and merchandising of spices and herbs, an enterprise of ancient origins and great cultural and economic significance.Seasonings such as cinnamon, cassia, cardamom, ginger, and turmeric were important items of commerce in the earliest evolution of trade. Cinnamon and cassia found their way to the Middle East at least 4,000 years ago. From time immemorial, southern Arabia (Arabia Felix of antiquity) had been a trading centre for frankincense, myrrh, and other fragrant resins and gums. Arab traders artfully withheld the true sources of the spices they sold. To satisfy the curious, to protect their market, and to discourage competitors, they spread fantastic tales to the effect that cassia grew in shallow lakes guarded by winged animals and that cinnamon grew in deep glens infested with poisonous snakes. Pliny the Elder (AD 23–79) ridiculed the stories and boldly declared, “All these tales…have been evidently invented for the purpose of enhancing the price of these commodities.”

3 0
2 years ago
Read 2 more answers
What did the British Prime Minister, Neville Chamberlain, hope to avoid by agreeing to Hitler's demands? What did he hope to gai
iren2701 [21]

Answer:      Instituted in the hope of avoiding war, appeasement was the name given to Britain's policy in the 1930s of allowing Hitler to expand German territory unchecked. ... Appeasement was popular for several reasons. Chamberlain - and the British people - were desperate to avoid the slaughter of another world war.

Explanation:

7 0
2 years ago
Americans wanted to spread democracy and expand across the united states. what was this called?
Alina [70]
This was called Manifest Destiny.
During the 19th century, America thought it was its destiny to spread all over the continent, take everything away from Native Americans and spread its democratic views to everyone else because it was 'the right thing to do.' 
6 0
2 years ago
The Five Pillars of Islam are the sda, the profession of God’s oneness, salat, or prayer facing Mecca five times daily, zakat, t
sweet [91]

Answer:

Pilgrimage(Hajj).

Explanation:

Islam as a religion is being referred to as a religion that promotes peace.

One of the things that shape the way moslems(Muslims) live is what is known as the "Pillars of Islam". The Pillars of Islam are five in number and they include;

- Believing that there is no other God except in Allah and his Prophet, Mohammad (SAW).

- Praying five times everyday(that is salat) facing Mecca.

- Giving alms to the poor(Zakat).

- observing Ramadan, that is fasting.

- Pilgrimage.

4 0
3 years ago
Read 2 more answers
Vocabulary meaning of Axis<br> Meaning of axis
kow [346]

Answer:

the imaginary straight line that something (such as the Earth) turns around.  a straight line that divides a shape evenly into two parts.

Explanation:

Hope this helps :)

5 0
2 years ago
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