And China Mobile is playing along, Wu reports, promoting its Wi-Fi service with free gift cards.
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Wrapp allows you to give your friends not only paid gift cards, but also free gift cards.
The idea is that retailers can generate store traffic by luring in customers with free gift cards in hand.
But the IRS considers it a tax-free gift only if the person has the right to take it in the short term.
One novel feature of Wrapp is the ability to give your friends not only paid gift cards, but also free gift cards.
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My Facebook was filled with my photo and me extolling how easily you get a great free gift just for signing on.
Former Labour MP Lord Howarth called for a quick decision on "a free gift of an enormous increase in renewable energy in Britain".
So while I might start by offering you a free gift card, I can add it to it myself, and invite friends to do the same.
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As the weekend wore on, our surprise turned to glee as clerk after clerk declared an item to be 40 percent off, and then handed us a free gift with purchase.
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But the IRS considers it a tax-free gift only if the person has the right to take it in the short term, and the Crummey letter proves that he has that right.
The Supreme Court has said that for a transfer to be a tax-free gift for the recipient, the donor must be acting out of "detached and disinterested generosity" and without expecting any economic benefit.
In my 10 minutes of playing, I was able to participate in several random free gift opportunities mostly sent to other Farmville Facebook friends in the hopes they would give me some random gift back.
So whether it is our hopeless good nature that wishes to believe in the altruism of the free gift giver (unlikely) or our burning desire to receive something-for-nothing (more likely), the freebie-seeking thread is so persistent in us that the theme remains a constant in money and life.
Wayne Kong Yuk-shan, a branch officer at an Aeon office in the Central business district, says some 100 people, a number of them male, queued every day to apply for the pastel-pink card - and choose their free gift from a selection of Hello Kitty appliances. (These days, the giveaways are Kitty cup noodles and a cushion.) "Hong Kong people are very influenced by Japanese culture, so they like Kitty, " says Kong.
When transferring assets to grandchildren, grandparents can make several moves free of gift tax.
The rest will pass to the heirs free of gift tax when the trust term ends.
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All payments for qualified medical care and tuition also are free of gift tax if the donor pays the institution directly.
When the GRAT's term ends, the asset goes to the beneficiaries free of gift or estate tax on the appreciation, even though it has been transferred.
Very popular over the last ten years and different from the defective grantor trust discussed above, grantor retained annuity trusts (GRATs) have been used to transfer appreciating assets to future generations free of gift tax.
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Some of these links contain offers for items like a free iPad or restaurant gift cards.
In theory, everyone wins: I get to give you a gift for free.
After the three years, any appreciation over the hurdle rate goes to your kids, free of estate and gift tax.
The company reimburses ATM fees and rewards customers for higher deposit levels through free trades, Apple gift cards and airline miles.
If the value of the assets in the trust (say Wal-Mart ( WMT - news - people ) stock) grows at more than 3.2% a year, the children or other trust beneficiaries get that excess appreciation, free of estate and gift tax.
Your escape also includes a gift basket with free lunch vouchers for two.
Further into the future, this appreciation not only goes to family members but--most important--it goes to them gift tax-free.
New motion control systems like Sony's PlayStation Move and Microsoft's hands-free Kinect also provide novel gift options.
But watch for freebies to make the chaos more bearable, from free lattes and pastries to gift cards.
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If the assets put in a GRAT appreciate faster than a set rate--4% a year for GRATs set up in December 2002--you pass on assets gift-tax free.
Free Arts NYC also has a gift shop where you can buy greeting cards and tee shirts.
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