11.   Gift taxes seemed to dictate that the ball must be sold.

12.   Hatch proposes getting rid of the capital-gains tax and all federal estate and gift taxes.

13.   Here again, you would be exempt from the gift tax.

14.   If the fan gives the ball to the player or the baseball team, the gift tax is triggered.

15.   If the gift tax is retained, the revenue raised would presumably make much more money available for repealing the estate tax.

16.   If your wife is not a U.S. citizen, you might have to pay a gift tax, says IRS spokesman Larry Wright.

17.   If a lesbian owns a house and wants to give half of it to her partner, she may incur the gift tax.

18.   In another example, the IRS cited an allegation that Tex Moncrief transferred an interest in a gas property to another son without paying gift taxes.

19.   IRS lawyers said they were frustrated by their inability to stop what they described as rampant cheating on gift taxes.

20.   It would not retain deductions for state and local income taxes, but it would repeal estate and gift taxes and end taxes on inflationary gains.