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inheritance tax

   Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 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
n
1. (Government, Politics & Diplomacy) (in Britain) a tax introduced in 1986 to replace capital transfer tax, consisting of a percentage levied on that part of an inheritance exceeding a specified allowance, and scaled charges on gifts made within seven years of death
2. (Government, Politics & Diplomacy) (in the US) a state tax imposed on an inheritance according to its size and the relationship of the beneficiary to the deceased
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.inheritance tax - a tax on the estate of the deceased person
death duty, death tax, estate tax
transfer tax - any tax levied on the passing of title to property
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Plan ahead for your spouse, kids and next of kin by setting out clearly who and what they get from your estate It also means that by inheritance tax planning you can maximize inheritance tax reliefs and exemptions if your estate might be worth more than the inheritance tax threshold when you die Plan ahead for your spouse, kids and next of kin by setting out clearly who and what they get from your estate.
Inheritance Tax Planning Will Save More than Halve Your Tax! by Sean L Williams / Law community
Unfortunately, inheritance tax is something that everyone is going to have to think about at some point in time especially if you are planning on leaving something for your children to inherit There are a couple of things that you can do when it comes to inheritance tax Unfortunately, inheritance tax is something that everyone is going to have to think about at some point in time especially if you are planning on leaving something for your children to inherit.
Inheritance Tax - What You Need to Know by Sean L Williams / Consumer news, advice, product reviews community
IT is important we all challenge the Tory plan to raise the inheritance tax threshold, a policy that does nothing for 96% of families in this country.
Spread the benefits; Your Say by Evening Gazette (Middlesbrough, England)
 
 
 
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