capital transfer tax

capital transfer tax

n
(Banking & Finance) (in Britain) a tax payable from 1974 to 1986 at progressive rates on the cumulative total of gifts of money or property made during the donor's lifetime or after his death. It was replaced by inheritance tax
Translations

capital transfer tax

n (Brit) → imposta sui trasferimenti di capitali
References in periodicals archive ?
In a recent letter to the companies, the General Department of Taxation calculated the capital transfer tax for the deal at VND3.
UK Estate Duty, a former death duty levied on property from 1889, was replaced in 1975 by capital transfer tax and in 1986 by inheritance tax.
Which current UK tax developed from Capital Transfer Tax, which replaced estate duty in 1975?
5 Which tax replaced Capital Transfer Tax in the UK in 1986 and is levied on the estate of a dead person?
For those who carry out ITP, the amendments to legislation and the imposition of the pre-owned assets income tax charge in the Finance Act 2004, has created a restrictive environment not seen since the introduction of capital transfer tax in 1975," said Mr Leek.
The purchase price including capital transfer tax was valued at EUR28.
A Capital Transfer Tax is a much more attractive proposition.
There are rumours Labour might reintroduce a capital transfer tax which would close the gap.
A generation ago there was an outcry against what was then called capital transfer tax.
WHEN was capital transfer tax replaced by inheritance tax?
A Christie's spokesman said: "This sale is taking place to settle the deferred capital transfer tax liability on the estate of HRH the late Prince Henry, Duke of Gloucester.