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A donation, in the context of the canon law of the Roman Catholic Church, is the gratuitous transfer to another of some right or thing. When it consists in placing in the hands of the donee some movable object it is known as a gift of hand ( donum manuale, an offering or oblatio, an alms ). Properly speaking, however, it is a voluntary contract ...
In the United States, the gift tax is governed by Chapter 12, Subtitle B of the Internal Revenue Code. The tax is imposed by section 2501 of the Code. For taxable income, courts have defined a "gift" as the proceeds from a "detached and disinterested generosity."