inheritance tax
11Inheritance Tax — In some states in the U.S. (and in the United Kingdom), a tax imposed on those who inherit assets from a deceased person. The tax rate for inheritance taxes depends on the value of the property received by the heir or beneficiary and his/her… …
12inheritance tax — noun a tax on the estate of the deceased person • Syn: ↑estate tax, ↑death tax, ↑death duty • Hypernyms: ↑transfer tax * * * inˈheritance tax [inheritance tax] …
13inheritance tax nil rate band — England, Wales The amount of an individual s estate which is chargeable to inheritance tax (IHT) at 0% (that is, on which there is no IHT to pay). If the value of an estate (including any chargeable transfers of value ( …
14inheritance tax plan — There are several forms of available tax relief and accepted means of structuring ownership which enable holdings which enable individuals to alleviate the consequence of Inheritance Tax where ownership of family companies is passed to new… …
15inheritance tax — tax levied on an inheritance; charge for executing a will …
16inheritance tax — Tax imposed in some states upon the privilege of receiving property from a decedent at death as contrasted with an estate tax which is imposed on the privilege of transmitting property at death. A tax on the transfer or passing of estates or… …
17inheritance tax — Tax imposed in some states upon the privilege of receiving property from a decedent at death as contrasted with an estate tax which is imposed on the privilege of transmitting property at death. A tax on the transfer or passing of estates or… …
18Inheritance Tax (United Kingdom) — In the United Kingdom, Inheritance Tax was first introduced as a tax on estates in England and Wales over a certain value from 1796, then called legacy, succession and estate duties. The value changed over time and the scope of estate duty was… …
19inheritance tax — noun (in the UK) tax levied on property and money acquired by gift or inheritance (introduced in 1986) …
20inheritance tax — /ɪnˈhɛrətəns tæks/ (say in heruhtuhns taks) noun a tax on inheritance, such as an estate duty …
