II. Where an individual grants any immovable or land use right as gift under any of the following circumstances, it shall be temporarily exempt from the business tax.

个人无偿赠与不动产、土地使用权，属于下列情形之一的，暂免征收营业税。

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Internal Revenue Service rules required the committee to make an assessment of each victim's needs in order for payments to be exempt from federal gift taxes.

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Gift or no gift, tax-exempt organizations are not supposed to give large sums to select private individuals.

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But such a reversion would exempt any income or appreciation that occurs after the gift date, say experts.

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