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In order for me to accurately answer this question, I need to know if you are a U.S. citizen or a U.S. resident alien?
Hello and thank you for using Just Answer.
Gift tax is payable where a gift of property is given to another individual who receives the gift (i.e. the beneficiary). The taxable base of the gift is usually the net value of the gift. The gift tax due is usually at a rate of 20%. No gift tax is applied if the value is less than R400. Each resident may only receive two gifts per year.
I sincerely XXXXX XXXXX information is helpful.
You can request to have Customer Service refund your deposit. I think others saw the relist and were confused as to the reason since my response advised on how much a South African could receive and not be taxed.
Please contact Customer Service and request the refund of your deposit. Thank you