inheritance tax
101capital transfer tax — CTT A tax introduced into the UK in 1974 to replace estate duty and to deal with some of the anomalies arising from it. The legislation introduced tax on lifetime transfers of money and assets as well as on the estate on death. In March 1986… …
102direct tax — n. a tax levied directly on the person by whom it is to be paid, as an income tax or inheritance tax …
103legacy tax — noun : a tax levied on the privilege of passing title by will to property, especially personal property compare death tax, estate tax, inheritance tax …
104estate tax — es tate tax n [U and C] a tax in the US on the money and possessions of a dead person →↑inheritance tax …
105capital transfer tax — CTT A tax introduced into the UK in 1974 to replace estate duty. In 1986 sweeping changes to capital transfer tax were made and the name was changed to inheritance tax …
106death tax — death′ tax n. 1) law estate tax 2) law inheritance tax • Etymology: 1935–40 …
107legacy tax — A succession tax or duty on the passing of personal property by will. Knowlton v Moore, 178 US 41, 44 L Ed 969, 20 S Ct 747. An inheritance tax, rather than estate tax. Re Inman, 101 Or 182, 199 P 615, 16 ALR 675 …
108capital transfer tax — noun A tax payable on gifts of money or property over a certain value, made either during the lifetime of the giver or after his or her death, replaced in 1986 by inheritance tax • • • Main Entry: ↑capital …
109estate tax — noun Date: 1928 a tax 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 compare inheritance tax 1 …
110death tax — 1. See estate tax. 2. See inheritance tax. [1935 40] * * * …
