inheritance tax
noun
1
: a tax on a decedent's net estate that is levied after the estate is transmitted to the inheritors
2
: death tax
especially
: estate tax
Examples of inheritance tax in a Sentence
Recent Examples on the Web
Lawyers whose field of specialty is inheritance tax.
—
Han Ong, The New Yorker, 12 Jan. 2025
Finally, there is state inheritance tax, which is the responsibility of the person receiving property from an estate.
—Robert Cole, Forbes, 9 Jan. 2025
One key way Italy’s wealthiest take advantage of the tax system is through wealth transfer from generation to generation, as inheritance tax is staggeringly low compared with that of other major European economies.
—Byprarthana Prakash, Fortune Europe, 3 Dec. 2024
Legislative Changes to Local Death Tax Proposed changes to inheritance tax rules, including potential alterations to relieve the death tax burden on local business and agricultural assets, may significantly impact estate planning strategies.
—Matthew F. Erskine, Forbes, 2 Jan. 2025
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Han Ong, The New Yorker, 12 Jan. 2025
Finally, there is state inheritance tax, which is the responsibility of the person receiving property from an estate.
—Robert Cole, Forbes, 9 Jan. 2025
One key way Italy’s wealthiest take advantage of the tax system is through wealth transfer from generation to generation, as inheritance tax is staggeringly low compared with that of other major European economies.
—Byprarthana Prakash, Fortune Europe, 3 Dec. 2024
Legislative Changes to Local Death Tax Proposed changes to inheritance tax rules, including potential alterations to relieve the death tax burden on local business and agricultural assets, may significantly impact estate planning strategies.
—Matthew F. Erskine, Forbes, 2 Jan. 2025
See all Example Sentences for inheritance tax
Dictionary Entries Near inheritance tax
Cite this Entry
“Inheritance tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/inheritance%20tax. Accessed 23 Jan. 2025.
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