as in estate tax
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Recent Examples of inheritance tax
Higher taxes for family businesses The inheritance tax changes in the Budget will raise £520 million for the Treasury, according to the Office for Budget Responsibility (OBR).
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Marc Shoffman, theweek, 6 Nov. 2024
Dyson’s farming empire Dyson’s critique is hardly surprising given the entrepreneur owns a sprawling farming empire through his eponymous company, which stands to be impacted by the impending inheritance tax changes.
—Byprarthana Prakash, Fortune Europe, 4 Nov. 2024
Lobby group Family Business UK said tens of thousands of family-run businesses and farms will be ruined by this change due to lower levels of inheritance tax relief.
—Marc Shoffman, theweek, 6 Nov. 2024
In contrast, the UAE provides a zero-income tax regime, no capital gains tax and no wealth or inheritance tax, creating a fertile ground for wealth accumulation and protection.
—Ravi Kotwani, Forbes, 31 Oct. 2024
See all Example Sentences for inheritance tax 
Marc Shoffman, theweek, 6 Nov. 2024
Dyson’s farming empire Dyson’s critique is hardly surprising given the entrepreneur owns a sprawling farming empire through his eponymous company, which stands to be impacted by the impending inheritance tax changes.
—Byprarthana Prakash, Fortune Europe, 4 Nov. 2024
Lobby group Family Business UK said tens of thousands of family-run businesses and farms will be ruined by this change due to lower levels of inheritance tax relief.
—Marc Shoffman, theweek, 6 Nov. 2024
In contrast, the UAE provides a zero-income tax regime, no capital gains tax and no wealth or inheritance tax, creating a fertile ground for wealth accumulation and protection.
—Ravi Kotwani, Forbes, 31 Oct. 2024
See all Example Sentences for inheritance tax
Recent Examples of Synonyms for inheritance tax
Noun
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The federal estate tax applies to estates exceeding $13.61 million for individuals or $27.22 million for married couples starting in 2025. Rates can reach as high as 40%, and state-specific inheritance taxes may also apply.James Brewer, Forbes, 13 Dec. 2024
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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
Noun
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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
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So get rid of the death tax for everybody.Alamin Yohannes, EW.com, 31 Mar. 2023
Noun
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To be sure, many drivers do not claim the mileage deduction on their federal income tax returns.Susan Tompor, USA TODAY, 21 Dec. 2024
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Texas has several benefits attracting people that California doesn't offer: the state has no income tax, it's cut off from the Western Interconnection electric system and has been building more new homes, whereas the Golden State is still going through a homelessness crisis and a housing shortage.Gord Magill, Newsweek, 20 Dec. 2024
Noun
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Internationally, several Eastern European countries adopted flat tax systems in the late 1990s.Janae Bowens, Baltimore Sun, 26 Nov. 2024
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Italy doubled its flat tax on wealthy foreigners to 200,000 euros ($217,000), responding to concerns about market disruption in luxury real estate hubs like Milan.David Faris, Newsweek, 2 Nov. 2024
Thesaurus Entries Near inheritance tax
Cite this Entry
“Inheritance tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/inheritance%20tax. Accessed 29 Dec. 2024.
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