The words "present" and "gift" are well-related synonyms; both comments have meanings and distinctive patterns of use based on the circumstances. The term "gift" is more formal than "present," often confused English words. Both comments are origin from different language families. The word gift comes from the Germanic root "to give," and present comes from the French, which means "to present." The word present has many various meanings. A gift or a present is an item we give others freely anything in return or without any expectations to show favor. Giving or receiving a gift is not necessarily an unselfish act or making a gesture of love, honor an occasion, or support. In almost all countries and cultures, giving and receiving gifts are widespread practices no matter where you are and how long you stay. According to Mrs. Ann Pratchett, an American author, the quality of offerings depends on the giver's sincerity. 

Many of the countries' big business corporates and institution policies on anti-corruption and code of ethics require all business transactions to be legal. In other words and all transactions are in a manner not develop an inappropriate business benefit. Gift-giving can be considered bribery. Certain types of gifts above a certain amount are subject to taxation in some countries and it's be determined by on the local government lows. 

Gift giving is must come from our heart, happily and without expecting anything in return. Making someone feel special is more than enough reason to make you give more. The act of giving makes us happier than receiving and cannot be measured by any device. The word present has many various meanings. A gift or a present is an item we give others freely anything in return or without any expectations to show favor.