To: Jeffrey Epsteinfieevacation©gmail.com]
From: Rich Kahn
Sent: Tue 12/21/2010 9:46:12 PM
Subject: New Tax Law
'VI 2010 Tax Relief Act 06.0df
Attached are some of highlights of the new tax law
What is most interesting for you is that the new gift tax exemption has increased from 1,000,000 to
5,000,000. We were paying tax over the last few years since we had given over 1,000,000 in gifts over
your lifetime.
However for 2011 and 2012 any gifts that we normally pay gift tax on (2010 rate 35%) will go against
your new exemption of 5,000,000 and no tax will be due as long as less than 4,000,000 is gifted in total
over both years.
Rich Kahn
HBRK Associates Inc.
301 East 66th Street, Suite 10F
New York, NY 10065
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