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/ɪnhˈɛrətəns tæks/ Listen

Inheritance tax

noun

A tax on the estate of the deceased person. Synonyms: death duty, death tax, estate tax.

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Etymology of 'Inheritance tax'

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"Inheritance tax" Quotes from Famous Books

... or any subterfuge to defraud the Government, was to be punished by not less than six months or more than two years in prison. The board was further instructed to incorporate in their tax measure, an inheritance tax clause, graduated at the same rate as in the income tax, and to safeguard the defrauding of the Government by gifts before death ...

— Philip Dru: Administrator • Edward Mandell House

Words linked to "Inheritance tax" : transfer tax, death duty, death tax