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单词 inheritance tax
释义

inheritance tax

noun

1
: a tax on a decedent's net estate that is levied after the estate is transmitted to the inheritors
2
: death tax
especially : estate tax

Example Sentences

Recent Examples on the Web In lieu of paying £12 million in inheritance tax, its new steward has arranged to donate the work to the Public Gallery in Edinburgh. Tom Nolan, WSJ, 1 July 2022 Last year Iowa legislators decided to phase out the state’s inheritance tax by January 1, 2025. Ashlea Ebeling, Forbes, 13 May 2022 However, the great advantage of the country is that Anguilla has no direct taxation, with no income tax, capital gains tax, gift tax, net worth tax, inheritance tax, or corporate taxation. Andy J. Semotiuk, Forbes, 10 Aug. 2022 Under New Jersey law, land being used for cemetery purposes is exempt from real estate and personal property taxes, as well as sales tax, inheritance tax, business tax and income tax. Chloe Taylor, Fortune, 1 Aug. 2022 And this year Nebraska legislators made pro-taxpayer tweaks to its inheritance tax for deaths occurring on or after January 1, 2023. Ashlea Ebeling, Forbes, 13 May 2022 And the inheritance tax phase-out continued to expand. Keith M. Phaneuf, Hartford Courant, 13 May 2022 That creativity could arrive in the form of a property gains tax or inheritance tax — neither of which Singapore has — according to Ravi Menon, managing director of the Monetary Authority of Singapore. Nana Ama Sarfo, Forbes, 15 Nov. 2021 Despite the settlement and a hefty state inheritance tax bill, there still was plenty of money for Scaife’s anti-tax causes. Patricia Callahan, ProPublica, 15 Dec. 2021 See More

Word History

First Known Use

1841, in the meaning defined at sense 1

Legal Definition

inheritance tax

noun

: an excise tax that is levied upon the privilege of receiving property as heir or next of kin under the law of intestacy and that is measured by the value of the property received compare estate tax

inheritance tax

noun

as in death tax

Synonyms & Similar Words

Relevance
  • death tax
  • estate tax
  • income tax
  • flat tax
  • proportional tax
  • single tax
  • poll tax
  • property tax
  • withholding tax
  • sales tax
  • hidden tax
  • surtax
  • supertax
  • direct tax
  • personal tax
  • sin tax
  • surcharge
  • value-added tax
  • custom(s)
  • tariff
  • excise
  • tax
  • tribute
  • capitation
  • toll
  • levy
  • imposition
  • assessment
  • impost
  • duty
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更新时间:2024/11/13 17:58:24