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In 2009, Vermont passed 18 VSA §§ 4631a, 4632, 6 which banned pharmaceutical companies from offering gifts and incentives to health care providers, only allowing for a few expenditures that must be reported to the state attorney general.
Registering a used vehicle received as a gift If the vehicle was not titleable in the previous jurisdiction, you must provide the original (or a certified copy) of the registration certificate in the donor's name. If the donor is deceased, provide a copy of the death certificate.
§ 2702. The paid value of a gift certificate sold or offered to be sold shall be valid for not less than five years after its date of issuance or after the date funds were last loaded onto the gift certificate, whichever is later.
Registration, Transfer Complete the entire Vermont Motor Vehicle Registration, Tax, and Title Application. Be sure to enter the Plate number that you are transferring. You must complete Section 7 of the Vermont Registration Application or include your current Vermont Registration with the "Transfer Section" completed.
No, you may gift your personally owned vehicle to anyone you choose, but the plates belong to you, not the vehicle. The new owner must apply for new plates and registration under their name. Exception: some low-number plates can be transferred to a family member.
You should list the price of the car as gift. Don't forget to sign and date the title. If you don't transfer the car title to the family member you're gifting the car to, the state will still consider you the legal owner of the vehicle. Make sure that every detail is complete because a title is a legal document.
Vermont Gift Tax There is no gift tax in Vermont. The federal gift tax has a $16,000 exemption per year per recipient in 2022, increasing to $17,000 in 2023.