death tax


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Related to death tax: inheritance tax

death tax

n.
An estate tax.

estate′ tax`


n.
a tax imposed on the net worth of a decedent's property prior to distribution to the heirs. Also called death tax.
[1905–10]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.death tax - a tax on the estate of the deceased person
transfer tax - any tax levied on the passing of title to property
References in periodicals archive ?
An important element of minimizing the death tax burden involves pre-mortem planning.
AIADA strongly supports the permanent elimination of the federal death tax and encourages Congress to repeal this onerous tax once and for all.
Example 1: If the IRA is not contributed to charity, total taxes of $2,628,150 are due on R's $5,000,000 estate, which includes the $2,000,000 IRA; this is the total Federal estate tax, state death tax and income tax paid by the estate and the heir (as illustrated in Exhibit 2 in the box on p.
The death tax is more than just a financial burden, it creates an obstacle to expand business, create jobs and provide additional employee benefits.
Permanently eliminating the death tax is an important step toward increasing fairness in the tax code and promoting economic security.
The "Death Tax": The death tax causes termination of family businesses and farms as well as unwarranted confiscation of assets.
Voters specifically reject the arguments used by those who want to keep the estate tax, also known as the inheritance tax or the death tax, and they are inclined to vote against politicians who support the tax.
Whether the trust is funded with $650,000 or $670,663, there is no Federal estate tax owed, due to the unified credit and the state death tax credit.
Now is the time to kill the death tax once and for all," stated AIADA Chairman Tim Smith.
Johnson, bought ads today in The New York Times and the Washington Post calling for abolition of the so-called death tax.
My family's experience with the death tax has been eye-opening, and it has motivated us to do what we can to help bring an end to this unfair tax.
The death tax undermines the values and principles on which our members build their family businesses.