inheritance tax
71Estate tax in the United States — This article is about Estate tax in the United States. For other countries, see Inheritance tax. Part of a series on Taxation Taxation in the United States …
72Income tax — Public financeAn income tax is a tax levied on the financial income of persons, corporations, or other legal entities. Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or… …
73estate tax — A tax imposed on the right to transfer property by death. Thus, an estate tax is levied on the decedent s estate and not on the heir receiving the property. A tax levied on right to transmit property, while inheritance tax is levied on right to… …
74estate tax — A tax imposed on the right to transfer property by death. Thus, an estate tax is levied on the decedent s estate and not on the heir receiving the property. A tax levied on right to transmit property, while inheritance tax is levied on right to… …
75death tax — noun a tax on the estate of the deceased person • Syn: ↑inheritance tax, ↑estate tax, ↑death duty • Hypernyms: ↑transfer tax * * * noun : a tax arising on the transmission of property (as an estate, inheritance …
76estate tax — n: an excise in the form of a percentage of the taxable estate that is imposed on a property owner s right to transfer the property to others after his or her death – called also succession tax; see also unified transfer tax compare gift tax,… …
77Direct tax — Taxation An aspect of fiscal policy …
78estate tax — a tax imposed on a decedent s property, assessed on the gross estate prior to distribution to the heirs. Also called death tax. [1905 10] * * * Levy on the value of property changing hands at the death of the owner, fixed mainly by reference to… …
79Capital Transfer Tax — An inheritance tax levied in the United Kingdom on estates exceeding a certain value. The Capital Transfer Tax replaced the general estate duty in 1975, and was itself replaced by the Inheritance Tax (IHT) in 1986. The amount of tax was derived… …
80consumption tax — a tax, as a sales tax, levied on consumer goods or services at the time of sale. [1900 05] * * * Levy such as an excise tax, a sales tax, or a tariff paid directly or indirectly by the consumer. Consumption taxes fall more heavily on lower income …
