Gifting from France to the US: Who Taxes It? 🇫🇷🇺🇸🎁⚖️ France imposes gift tax based on the residency of the donor rather than the location of the recipient 🌍. Gifts to parents benefit from a partial exemption: each parent may receive up to EUR 31,865 from each child every 15 years without incurring gift tax 💶. Amounts exceeding this threshold are subject to progressive taxation at rates of up to 45 percent 📈. In the United States, a non-U.S. citizen donor generally does not trigger U.S. g