succession tax

  • 1succession tax — n 1: estate tax 2: inheritance tax Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …

    Law dictionary

  • 2succession tax — noun 1. : estate tax 2. : inheritance tax 1 * * * succession duty or succession tax, Especially British. a tax on inherited property; inheritance tax …

    Useful english dictionary

  • 3succession tax — An excise on the privilege of taking property by will, inheritance, or succession in any other form, upon the death of the owner. A tax upon the right to receive property from the estate of the decedent. McLaughlin v Green, 136 Conn 138, 69 A2d… …

    Ballentine's law dictionary

  • 4succession duty or tax — A tax placed on the gratuitous acquisition of property passing on the death of any person by transfer from one person to another. Wachovia Bank & Trust Co. v. Maxwell, 221 N.C. 528, 20 S.E.2d 840, 842. A tax imposed upon the privilege of… …

    Black's law dictionary

  • 5succession duty — or tax A tax placed on the gratuitous acquisition of property passing on the death of any person by transfer from one person to another. Wachovia Bank & Trust Co. v. Maxwell, 221 N.C. 528, 20 S.E.2d 840, 842. A tax imposed upon the privilege of… …

    Black's law dictionary

  • 6tax — 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix] 1: to assess or determine judicially the amount of (costs of an action in court) 2: to levy a tax on tax the corporation tax capital gains tax·er n tax 2 …

    Law dictionary

  • 7collateral succession tax — See collateral inheritance tax …

    Ballentine's law dictionary

  • 8succession duty — noun chiefly Britain : inheritance tax 1 * * * succession duty noun A tax formerly imposed on succession to property, varying with the degree of relationship • • • Main Entry: ↑succeed * * * succession duty or succession tax, Especially Bri …

    Useful english dictionary

  • 9tax — A charge by the government on the income of an individual, corporation, or trust, as well as the value of an estate or gift. The objective in assessing the tax is to generate revenue to be used for the needs of the public. A pecuniary burden laid …

    Black's law dictionary

  • 10succession duty — A succession tax …

    Ballentine's law dictionary