estate tax

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Related to death tax: inheritance 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 ?
The deferred estate tax is computed using the state death tax credit.
Before the May 6 vote, the Tories launched a poster of a gravestone claiming Labour wanted to impose a pounds 20,000 death tax on everyone.
As a member of the Senate Finance Committee, he has been the chief advocate of Death Tax repeal and pro-growth tax policies, including low tax rates on income, capital gains, and dividends.
The complexity from an estate planning perspective arises when one state has favorable income tax laws and the other state has favorable death tax laws.
But newspapers have won a great victory in phasing out the death tax -- and they must not relax their lobbying just when repeal is in sight.
J and K are both Canadian residents, the spousal rollover defers the Canadian income tax on the at-death transfer to K, so there would be no foreign death tax credit on J's Federal estate tax return.
If the joint ownership involves spouses, it can result in additional death taxes by under-utilization of death tax exemptions of the estate of the first to die.
Rehr encouraged senators to vote to repeal the death tax.
420, known as the Death Tax Repeal Permanency Act of 2005, was introduced by Sens.
Tempting as it is for Democrats to chalk up their loss on the estate tax to Republican lies or sleight of hand tricks like renaming it "the Death Tax," Death by A Thousand Cuts, by Yale political scientists Michael Graetz and Ian Shapiro, demonstrates that the story is far more complicated.
This means Ohioans are subject to this additional estate tax equal to the difference between the maximum death tax credit allowable for federal estate tax purposes and the regular Ohio estate tax paid.