property-increment tax

noun

: a tax on increase in the value of the principal of an estate as distinct from income actually realized

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Dictionary Entries Near property-increment tax

Cite this Entry

“Property-increment tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/property-increment%20tax. Accessed 3 Dec. 2024.

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