estate tax


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Related to estate tax: inheritance tax, death tax, gift tax, State estate tax

estate tax:

see inheritance taxinheritance tax,
assessment made on the portion of an estate received by an individual; it differs from an estate tax, which is a tax levied on an entire estate before it is distributed to individuals.
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References in periodicals archive ?
Independent General Union of Real Estate Tax Authority workers (IGURETA) will submit a memorandum to President Abdel Fattah Al-Sisi if the Ministry of Finance does not respond to employees' demands for equality in incentives.
House Small Business Committee is holding a hearing on ideas for simplifying the tax code and the need to address the estate tax and its impact on small businesses on Wednesday, April 10.
Mitt Romney, while stumping for the presidency, used his support of full estate tax repeal to tout his tax plan for rural America.
2005) and will discuss which decedents' estates are subject to the Florida estate tax and will address the responsibilities of a personal representative and provisions of the Florida probate code.
Earlier this month, the House approved a bill that would reform Oregon's estate tax with the intent of making it easier for family farms, ranches and forestlands to be passed from one generation to the next.
have been among a few senators pushing for a compromise between Senate Democrats who want to reinstate the estate tax at 2009 levels and Senate Republicans who want full repeal of the tax.
The act provided that the amount each American could leave free of estate tax would increase steadily from $1 million in 2001 to $3.
2) For married couples it is now possible to make an election on the first to die's Illinois estate tax return to help solve the conundrums practitioners faced in dealing with the differing federal and Illinois estate tax exclusion amounts.
Way back in 2001, it was inconceivable that Congress would not act again within that 10-year window to make permanent changes to(and perhaps even completely eliminate) the estate tax But nine years, two wars, two presidential elections, one Category 5 hurricane, and one we-can't-call-it-a-depression economic crisis later, none of the estate tax issues that have been hanging in the balance for nearly a decade has been resolved.
The federal minimum wage legislation that was ultimately defeated in the United States Congress this year sought to enact various amendments to the federal estate tax provisions of the Internal Revenue Code.
imposes an estate tax on the value of assets transferred at death.