Indicate whether the following statements are "True" or "False" regarding Federal gift tax provisions.

a. Gifts are reported on Form 709. The return is due on April 15 following the year of the gift.
b. The election doubles the annual exclusion and makes the non-owner spouse's unified tax credit available to the owner spouse.
c. If certain conditions are satisfied, the issuance of a disclaimer will not be subject to the Federal gift tax.
d. If one party lends money to another and intends some or all of the interest element to be a gift, the arrangement is categorized as a gift loan.
e. Property owned by U.S. citizens but located outside the United States is exempt from gift tax.