estate tax

Examples Sentences

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Recent Examples of estate tax Similar to estate tax in the U.S., inheritance tax in the U.K. is charged at 40% on the property, possessions and money of someone who has died, above a threshold of 325,000 pounds, or around $410,000. Hannah Peart, NBC News, 30 Nov. 2024 Awareness of these potential obstacles is crucial for effective estate tax planning. Christine Fletcher, Forbes, 3 Dec. 2024 Both plans would repeal the estate tax, the alternative minimum tax, and the tax on investment income imposed by Obamacare. Alex Raskolnikov, Foreign Affairs, 24 May 2017 Keep in mind that over the years the assets are likely to increase in value while the estate tax exemption could decline. Bob Carlson, Forbes, 27 Nov. 2024 See all Example Sentences for estate tax 
Recent Examples of Synonyms for estate tax
Noun
  • 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
Noun
  • 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
  • For those with taxable annual incomes above $1.0 million a year, a Harris-Walz administration would at death tax unrealized capital gains at 28% (lower than the Biden proposal of 39.6%) for amounts above $5.0 million maximum, $10.0 million for joint filers.
    Milton Ezrati, Forbes, 9 Oct. 2024
Noun
  • Those fees included a 2.5% flat tax for Muslim charity, as well as a road tax and various income taxes on individuals and small businesses, Zelin says.
    Lauren Frayer, NPR, 20 Dec. 2024
  • Two states, Iowa and Louisiana, are moving to a flat tax.
    Kelly Phillips Erb, Forbes, 24 Dec. 2024
Noun
  • An accompanying state constitutional amendment would set spending growth limits on the General Assembly and direct future revenue growth toward eliminating the personal income tax and corporate income tax.
    Jonathan Shorman and, Kansas City Star, 8 Jan. 2025
  • South Carolina lawmakers have racked up a number of conservative policy victories in recent years (such as the enactment of income tax relief, school choice, and Certificate of Need repeal).
    Patrick Gleason, Forbes, 7 Jan. 2025

Thesaurus Entries Near estate tax

Cite this Entry

“Estate tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/estate%20tax. Accessed 22 Jan. 2025.

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