Author Topic: Is Cash Gifting Legal?  (Read 982 times)

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chucksplace

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Is Cash Gifting Legal?
« on: August 12, 2009, 08:39:39 AM »


Gifting is a private concept being embraced by individuals in private groups and has been around since Christ was a boy. They are not Business or Commercial activity. It is not Network, Affiliate, or Multi-Level Marketing. Cash gifting Programs are simply just a club to belong to.

What is the concept behind Cash Gifting?

To express kindness to one another, and we do this in private. People have always shared their wealth with families and friends and just who ever. Governments allow this practice. Do you give your family and friends gifts? Have you ever just helped someone out? Imagine laws that would prevent you from giving a person a gift. They in turn give someone else a gift to help better their lives. It's all about working together.


How does the gifting activity work?

“When you give you shall receive”. When you give someone a gift you will start receiving gifts. The Law of Attraction kicks in. It’s so simple to see that blessing someone else only leaves the door open to be blessed yourself.

Cash gifting programs are NOT pyramid schemes! Cash gifting Programs are just private sharing clubs. There are no sales or positions. There is nobody at the top. Everybody is equal.

What ARE Cash Gifting Laws?

All kinds of people, have participated in gifting for years. Laws state it is Legal for individuals to exchange gifts. In the United States we can give away property and cash as long as it is done according to the laws and codes of this country. Although I have heard CLAIMS of illegality, I have yet to hear ANYONE cite ANY "Cash Gifting Laws", because there aren't any.

The concept of private gifting is based upon the fact that people have the right to gift property, cash and other assets, and are subject to the rules and regulations established by the laws. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511.

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