Definition of Inheritance Tax in English :
Define Inheritance Tax in English
Inheritance Tax meaning in English
Meaning of Inheritance Tax in English
Pronunciation of Inheritance Tax in English
Inheritance Tax pronunciation in English
Pronounce Inheritance Tax in English
Inheritance Tax
see synonyms of inheritance taxNoun
WordNet Lexical Database for English. Princeton University. 2010.
Inheritance Tax
see synonyms of inheritance taxnoun
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. Copyright © HarperCollins Publishers
Inheritance Tax
see synonyms of inheritance tax a tax levied by the state upon the right of a beneficiary to receive the property of a deceased person
Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.
Inheritance Tax
see synonyms of inheritance taxn.
A tax imposed on the privilege of taking property by inheritance or the right of receiving property by will, and assessed on the value of the property.
The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.