Over the rest of Japanese recorded history, sumo's popularity has changed according to the whims of its rulers and the need for its use as a training tool in periods of civil strife. The form of wrestling combat changed gradually into one where the main aim in victory was to throw one's opponent.
Gifts. According to the IRS, certain gifts are not taxable. These include gifts that are less than the annual exclusion amount. As of 2012, a married couple can give up to $26,000 tax-free, referred to as gift splitting.. If you pay tuition or medical expenses for someone, you don't have to pay tax on the money.Gifts to your spouse are also tax-free.s of 2012, a married couple can give up to $26,000 tax-free, referred to as gift splitting.. If you pay tuition or medical expenses for someone, you don't have to pay tax on the money. Gifts to your spouse are also tax-free.
In other words, you can give away as much money as you want in any of the above ways, without having to worry about gift tax. Annual Gift Tax Exclusion. For gifts that donât fall under any of the above exclusions, you can still give (for 2014 and 2015) up to $14,000 per year without the gift being taxable. A key point here is that this annual exclusion is per donor, per recipient.