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inheritance tax

NOUN
  1. a tax on the estate of the deceased person

How To Use inheritance tax In A Sentence

  • The original capital remains in the estate, but the beneficiaries gain from the growth on the investment as it is free from inheritance tax.
  • Would there be any likelihood of a future charge under inheritance tax?
  • Through careful planning people can avoid inheritance tax, which can come as a nasty shock at what is bound to be an upsetting time.
  • The depreciating effect of the gift had had a beneficial effect on the estate for inheritance tax purposes.
  • In 1986, for instance, Dole supported an inheritance tax code that greatly benefited the Gallos.
  • We're also using this word tracking software to catch the use of words that have been "languaged" by right wingers like Frank Luntz -- words like "Death Tax" and "Iraq war," and suggestions for other language, like inheritance tax and Iraq occupation will be suggested, so writers won't serve the message of the right wing. Printing: Zionism, Zionists; Defining meaning, Abuse, Overuse
  • Inheritance tax is an unfair tax, and there will always be attempts to avoid or evade it. Times, Sunday Times
  • The inheritance tax bombshell had gone down a storm in the marginals. Times, Sunday Times
  • Your children must pay gift tax on taxable gifts and inheritance tax on taxable inheritances (spouses do not pay this tax).
  • Many of the large charities rely on legacies, which can cut inheritance tax bills.
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