Copyright (c) 2008 Rutgers Law School (Newark) All rights reserved. http://law.bepress.com/rutgersnewarklwps Recent documents in Rutgers University (Newark) Legal Working Paper Series en-us Fri, 27 Jun 2008 03:58:12 PDT 3600 http://law.bepress.com/rutgersnewarklwps/fp/art45 http://law.bepress.com/rutgersnewarklwps/fp/art45 Wed, 25 Jun 2008 10:15:53 PDT Historically, the gift tax has performed the admirable role of safeguarding the integrities of both the estate and income taxes. Due to taxpayers' abilities to narrow the gift tax base and ignore their filing obligations, however, fulfillment of its historical role is now in jeopardy. This analysis details how taxpayers circumvent their gift tax obligations and then sets forth reforms that Congress can readily institute to curb taxpayers' transgressions. Institution of these recommendations would enable the gift tax to continue to fulfill its historic functions. Jay A. Soled Taxation-Federal Estate and Gift