INHERITANCE TAX


Meaning of INHERITANCE TAX in English

a tax levied on the right of an heir to receive a decedent's property, the rate being a percentage of the value of the property. Also called death tax; Brit., death duty . Cf. estate tax .

[ 1835-45 ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .