Does anyone know whether there is a gift tax in the event if one non-resident alien transfers cash from his US brokerage account to another non-resident alien's US brokerage account? Found a PDF file that classifies brokerage accounts as intangible assets, thus making cash on the account not subject to gift tax when transferred between non-resident aliens. Is that so?
https://www.gbslife.com/media/28493/020 ... tizens.pdf