inheritance tax
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inheritance tax
noun
a tax levied on the right of an heir to receive a decedent's property, the rate being a percentage of the value of the property.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
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Link To inheritance tax
Collins
World English Dictionary
| inheritance tax | |
| —n | |
| 1. | (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. | (in the US) a state tax imposed on an inheritance according to its size and the relationship of the beneficiary to the deceased |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Inheritance tax
is always a great word to know.
So is zedonk. Does it mean:
| a screen or mat covered with a dark material for shielding a camera lens from excess light or glare. |
| the offspring of a zebra and a donkey. |
Example sentences
It is likely that such taxpayers also pay a big proportion of stamp duty, capital-gains tax and inheritance tax.
He has also spoken out on major policy issues, for example, by opposing proposals to cut back the inheritance tax.
He has championed a flat income tax and the abolition of the inheritance tax.
He favours inheritance tax and gives money to such causes as birth control and anti-nuclear campaigning.
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