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Transfer and gift


BanHien

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Hi all,

I'm having a stupid question: I've got 2 old cars which all under my name. Now my kids are growing up, I wish to give them those cars (they are using these cars now, insurance under their names). I know I have to transfer my name to theirs as gifts, do I need to pay transfer fees as normal ? I don't know the values of those cars (1 Vienta Grand, 8yrs old next month (150,000 km) and 1 CR-V sprt 5.5 yrs old (31,000km).

Please help.

Thanks

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