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inheritance tax
(redirected from Inheritance taxes)

   Also found in: Financial, Encyclopedia, Wikipedia 0.02 sec.
inheritance tax
n.
A tax imposed on the privilege of receiving property by inheritance or legal succession and assessed on the value of the property received. Also called death tax.

inheritance tax
Noun
(in Britain) a tax consisting of a percentage levied on the part of an inheritance that exceeds a specified allowance
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.inheritance tax - a tax on the estate of the deceased person
transfer tax - any tax levied on the passing of title to property


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? Mentioned in ? References in periodicals archive
 
Rowland blames inheritance taxes for what he calls the disappearing family candy business.
We don’t want them to have to sell to pay for the inheritance taxes,” Mark says.
Many states have state inheritance taxes, and there are other expenses sometimes associated with the settling of an estate that go beyond the cost directly linked to the federal estate tax.
 
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