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Subject:  ESPP as gift Date:  4/8/2001  7:22 PM
Author:  ffliu777 Number:  49840 of 130723

I wonder can I transfer ESPP stocks to my son who is 16 years old. Each year I would like to tranfer 10,000.00 worth stock as gift, so he can pay his own college bills. If I transfer as gift, do I need to pay any tax? What kind of tax my son will need to pay? How to transfer? If anyone know,please let me know. Thank you very much.
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