as in estate tax
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Recent Examples of inheritance tax
Additionally, for trusts settled after October 30, 2024, the 40% UK inheritance tax may also apply to decedents who were settlors and beneficiaries of a trust, as is the case commonly for US revocable trusts.
—
Priya Prakash Royal Esq. Ll.m. Mba Aep Tep, Forbes.com, 31 Mar. 2025
However, one caveat about inheritance tax: Unlike the US, in France the tax applies per beneficiary instead of the total estate value.
—Cnn.com, Mercury News, 24 Mar. 2025
While the inheritance tax will be eliminated, the budget lowers the estate tax exemption threshold from $5 million to $2 million.
—J.b. Jennings, Baltimore Sun, 11 Feb. 2025
The regime has long courted controversy, leading U.K. Finance Minister Rachel Reeves in her October budget to confirm that it would be abolished from April 2025, and that all long-term residents would be subject to inheritance tax (IHT) on their worldwide assets, including those held in trust.
—Karen Gilchrist, CNBC, 24 Jan. 2025
See All Example Sentences for inheritance tax
Priya Prakash Royal Esq. Ll.m. Mba Aep Tep, Forbes.com, 31 Mar. 2025
However, one caveat about inheritance tax: Unlike the US, in France the tax applies per beneficiary instead of the total estate value.
—Cnn.com, Mercury News, 24 Mar. 2025
While the inheritance tax will be eliminated, the budget lowers the estate tax exemption threshold from $5 million to $2 million.
—J.b. Jennings, Baltimore Sun, 11 Feb. 2025
The regime has long courted controversy, leading U.K. Finance Minister Rachel Reeves in her October budget to confirm that it would be abolished from April 2025, and that all long-term residents would be subject to inheritance tax (IHT) on their worldwide assets, including those held in trust.
—Karen Gilchrist, CNBC, 24 Jan. 2025
See All Example Sentences for inheritance tax
Recent Examples of Synonyms for inheritance tax
Noun
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Internal Revenue Code Section 2040 governs how joint ownership of property with right of survivorship is treated for federal estate tax purposes.—
Virginia La Torre Jeker, J.D.,
Forbes.com,
7 Apr. 2025
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From a gift and estate tax planning perspective, economic downturns offer unique leverage, allowing clients to transfer wealth more efficiently, reduce estate tax exposure, and position themselves for significant long-term advantage.—
Matthew F. Erskine,
Forbes.com,
7 Apr. 2025
Noun
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Presumably calling the estate tax a death tax enhances the negative connotations of the tax.—
Martin Shenkman,
Forbes,
20 Feb. 2025
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The claim is that the death tax imposes an unfair and costly tax on the transfer of property, land, and other assets from a decedent to his or her heirs and that can decimate small businesses and family farms.—
Martin Shenkman,
Forbes,
20 Feb. 2025
Noun
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As Washington raises prices on everything for everybody, in Maryland, our income tax reform plan will ensure that 94% of Marylanders either get a tax cut or see no change in their taxes.—
Wes Moore,
Baltimore Sun,
12 Apr. 2025
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Unless Congress acts, income tax rates will rise across the board.—
Ryan Ellis,
Boston Herald,
12 Apr. 2025
Noun
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Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense.—
Steve Forbes,
Forbes.com,
3 Apr. 2025
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In fact, if H. 4216 is enacted and revenue triggers are met, South Carolina would go from having the highest income tax rate in the Southeast, to the lowest rate in the nation, besting Arizona’s 2.5% flat tax.—
Patrick Gleason,
Forbes,
25 Mar. 2025
Cite this Entry
“Inheritance tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/inheritance%20tax. Accessed 17 Apr. 2025.
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