inheritance tax

noun

1
: a tax on a decedent's net estate that is levied after the estate is transmitted to the inheritors
2
: death tax
especially : estate tax

Examples of inheritance tax in a Sentence

Recent Examples on the Web
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Some members of Congress suggested an inheritance tax, others a corporate profits tax, and still others wanted some version of a stamp tax on commercial documents. Jesse Eisinger, ProPublica, 8 Apr. 2025 Maryland is also the only state with a digital advertising tax and both an estate tax and an inheritance tax. Chris Roemer, Baltimore Sun, 20 Mar. 2025 Once the twosome arrived at Kayce and Monica’s, John’s youngest child admitted that his family couldn’t afford the inheritance tax on the ranch — and noted that neither could Thomas. Charlie Mason, TVLine, 15 Dec. 2024 Additionally, for trusts settled after October 30, 2024, the 40% UK inheritance tax may also apply to decedents who were settlors and beneficiaries of a trust, as is the case commonly for US revocable trusts. Priya Prakash Royal Esq. Ll.m. Mba Aep Tep, Forbes.com, 31 Mar. 2025 See All Example Sentences for inheritance tax

Word History

First Known Use

1841, in the meaning defined at sense 1

Time Traveler
The first known use of inheritance tax was in 1841

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Cite this Entry

“Inheritance tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/inheritance%20tax. Accessed 16 Apr. 2025.

Legal Definition

inheritance tax

noun
: an excise tax that is levied upon the privilege of receiving property as heir or next of kin under the law of intestacy and that is measured by the value of the property received compare estate tax

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