foreign gift
Defined in 1 place of the United States Code.
For purposes of this section, the term “foreign gift” means any amount received from a person other than a United States person which the recipient treats as a gift or bequest. Such term shall not include any qualified transfer (within the meaning of section 2503(e)(2)) or any distribution properly disclosed in a return under section 6048(c).
Source
- 1997–present26 U.S.C. § 6039FInternal Revenue Code · Notice of large gifts received from foreign persons · for purposes of this section