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Old December 6, 2012, 01:20 AM
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zman zman is offline
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Join Date: January 20, 2005
Posts: 1,604

After doing some research, I'm starting to think you may be able to get away with not paying taxes if you can claim it as a gift from a relative who is not a US resident and file Form 3520.

If the relative is a US resident, then he/she may have to pay taxes.
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