In the United States, gifts of property are subject to the gift tax. To avoid double taxation, the income tax excludes the receipt of a gift from taxable income. To ensure that a subsequent sale of gift property does not tax the gift, a basis is assigned to property received by gift. Other methods can be used to tax gifts of property. Use the Internet to find information on the taxation of gifts in another country. Compare the taxation of gifts in another country with the United States tax treatment. Which method do you think is better? Explain.