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 ?
Protecting more family-run farms and ranches from the death tax: Thune doesnt believe death should be a taxable event, which is why he introduced the Death Tax Repeal Act in January 2017 and still strongly supports this approach.
The federal estate tax may force family members to liquidate to pay the death tax," Grassley said in a statement released earlier this year.
The threat of being hurt by the death tax leads small-business owners and farmers in this country to waste countless hours and resources on complicated estate planning to make sure their children aren't hit with a huge tax when they die.
GOVERNMENT plans to hike probate fees by up to 13,000% have been blasted as a death tax by a leading solicitor who acts for older people in North Wales.
Conversely, while some structures may be common in a foreign jurisdiction (and efficient for local gift or death tax planning), they may have UK inheritance tax (IHT) disadvantages for a UK domiciled buyer.
The main reason (spoiler warning) is that the last scene of Death Tax fast-forwards 20 years, to a time when its main character, Tina, has died, and its villain, Maxine, is still alive, despite being more than 100 years old.
Opposition Conservative group deputy leader Robert Alden (Erdington) said: "Labour's planned death tax was a callous, coldhearted and frankly mean thing to do to families of this great city at a time of personal grief and tragedy.
In a late October speech in Iowa, Romney told a crowd of farmers and business owners, "He's [President Obama is] planning on raising the death tax pretty significantly.
States that remained "coupled" to the federal estate tax system currently have no state death taxes at all since the phase-out of the "pick-up" state death tax credit in 2005.
The 2001 tax act phased out the state death tax credit provided in I.
The child tax credit will be halved; the marriage penalty will be reimposed; and, as noted, the death tax is set to return, at a rate of 55 percent on estates of $1 million or more.
The Tories then unleashed an election campaign featuring a gravestone and claimed Labour wanted to impose a pounds 20,000 death tax on everyone.