Which of the following statements is true regarding donations on account of marriage?

The statement regarding donations on account of marriage being tax-exempt only if marriage takes place is accurate because the tax benefits associated with such donations are specifically tied to the event of marriage. This reflects the principles of gift taxation where certain exemptions or exclusions apply when gifts are given in anticipation or celebration of marriage.

In many jurisdictions, under tax rules, donations made in connection with a marriage can be treated favorably, offering exemptions aimed at supporting new couples. Therefore, if the marriage does not occur, those donations may not enjoy the same tax-exempt status, which reinforces the significance of the marital event itself in determining tax treatment.

In contrast, the other statements do not align with established tax regulations regarding marital gifts. Some incorrectly imply that donations automatically incur a tax burden without the event of marriage or suggest that higher tax rates apply regardless of the circumstances, which do not reflect the structured approach of tax law in these contexts. Thus, the correct understanding revolves around the necessity of the marriage event for the tax exemption to be applicable.