The GSTT is a tax on a transfer of property that skips a generation, moving from grandparents to grandchildren, for example. This tax is separate from the estate and gift tax, and it applies to transfers made during life or at death.
The GSTT is a tax on a transfer of property that skips a generation, moving from grandparents to grandchildren, for example. This tax is separate from the estate and gift tax, and it applies to transfers made during life or at death.