The term "gross-up" deals with the taxation of what?

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The term "gross-up" deals with the taxation of gifts. Any gift tax paid on gifts within three years of death must be added to the gross estate. This is called the "gross-up" approach, which prevents the amount of the gift tax from escaping the estate tax. Gifts made within three years of death are not included in the gross estate of the donor. They are treated in the same way as any other post 1976 taxable gifts.

The Term "Gross-Up" Deals with the Taxation of What