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GST
(redirected from Generation-Skipping Transfer)

   Also found in: Financial 0.01 sec.
AcronymDefinition
GSTGoods and Services Tax
GSTGeneral Sales Tax (various locations)
GSTGeneration-Skipping Transfer (Internal Revenue Service)
GSTGlutathione-S-Transferase (enzyme)
GSTGPS (Global Positioning System) Science & Technology Program
GSTGMD (Ground-Based, Midcourse Defense) Systems Trainer
GSTWind Gust
GSTGeneration-Skipping Tax
GSTGesellschaft für Sport und Technik (German: Society for Sports and Technics)
GSTGeneral Systems Theory
GSTGovernment Sales Tax
GSTGlobal Science and Technology
GSTGuam Standard Time (GMT+1000)
GSTGreenwich Sidereal Time
GSTGeneral Services Tax (Canada)
GSTGround Storage Tank (drinking water storage)
GSTGlobal Systems for Telematics (EU project)
GSTGreenwich Standard Time
GSTGovernment Support Team
GSTGulf Strike Team (US Coast Guard)
GSTGlobal Sourcing Team (various companies)
GSTGround System Test
GSTGovernorate Support Team
GSTGold Sodium Thiosulfate
GSTGeneral Studies Thematic
GSTGeneral Staff Target
GSTGPS Science & Technology program
GSTGround Sensor Terminal
GSTGeographical Specialist Team
GSTGuaranteed Service Transport
GSTGreen Shirt Thursday
GSTGas Surge Tank
GSTGround Support Terminal
GSTGlobal Structure Transformation (data compression)
GSTGraphical Site Table
GSTGroup Summary Tool
GSTGreen Scrubby Thing (scouring pad)
GSTGeneral Service Training (Air Training Corps cadets annual camp; Canada)
GSTGnome System Tools (software)
GSTGeneral Service Technician (various companies)
GSTGreat Sex Tax


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EXECUTIVE SUMMARY * Despite its fearsome reputation, the generation-skipping transfer tax (GSTT) is straightforward in its provisions and worth the attention of CPA planning advisers, especially in the currently unsettled political climate.
EXECUTIVE SUMMARY * Congress enacted the generation-skipping transfer tax to prevent avoidance of the estate or gift tax through bequests or gifts that skip a generation.
The federal estate tax has been around since 1916, after making brief appearances in the 19th century to raise emergency revenue In 1976, the gift and estate taxes were unified, and the generation-skipping transfer (CSF) tax--which taxes lifetime and at-death transfers to people more than one generation away from you (for example, a grandchild)--was introduced.
 
 
 
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