When an item worth more than 15,000 is given to someone, what is this tax called? sales

gift

estate

present

B. Gift

Step-by-step explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

A gift tax can be defined as a type of tax that is imposed or levied on property or money that is being transferred (given) as a gift from one person to another. Thus, in this type of scenario, there are no financial incentives or compensation for this items being gifted.

Basically, the annual gift tax exemption or exclusion for this year is $15,000 per recipient.

Hence, when an item worth more than 15,000 is given to someone, this tax is called gift tax.

whole numbers.

step-by-step explanation:

we are given the average monthly rainfall (in millimeters) model r(m) for the years 1900-2009 as a function of the month number m.

as we can see m is taken for the number of months for years 1900-2009.

we know that number of months can't be a negative number or decimal number or a fraction.

so, the number of months could be only positive whole numbers.

therefore, whole numbers is more appropriate for the domain of r.

12

step-by-step explanation:

12 + 5 = 17

12x2=24

24-7=17