as in estate tax
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Recent Examples of inheritance tax
Under the new inheritance tax rules, from 2026 a 20% tax will be paid on the value of a farm above 1 million pounds.
—
Fox News, 11 Dec. 2024
No 4: Game-changing money from the Gulf The biggest story in the UK this week has been about farmers protesting against a change to inheritance tax.
—Matt Slater, The Athletic, 21 Nov. 2024
The flashpoint is the government’s decision in its budget last month to scrap a tax break dating from the 1990s that exempts agricultural property from inheritance tax.
—Jill Lawless, The Christian Science Monitor, 19 Nov. 2024
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
See all Example Sentences for inheritance tax 
Fox News, 11 Dec. 2024
No 4: Game-changing money from the Gulf The biggest story in the UK this week has been about farmers protesting against a change to inheritance tax.
—Matt Slater, The Athletic, 21 Nov. 2024
The flashpoint is the government’s decision in its budget last month to scrap a tax break dating from the 1990s that exempts agricultural property from inheritance tax.
—Jill Lawless, The Christian Science Monitor, 19 Nov. 2024
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
See all Example Sentences for inheritance tax
Recent Examples of Synonyms for inheritance tax
Noun
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Individuals can use 529 plans to reduce estate tax liability, maximize contributions through superfunding and provide allowances through rollovers to Roth IRAs, all leading to significant tax savings.—
Robert Cole,
Forbes,
9 Jan. 2025
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Retirees also don't pay an inheritance tax or an estate tax, and most groceries and all prescription and nonprescription drugs are tax-free.—
Dobrina Zhekova,
Travel + Leisure,
20 Nov. 2024
Noun
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Legislative Changes to Local Death Tax Proposed changes to inheritance tax rules, including potential alterations to relieve the death tax burden on local business and agricultural assets, may significantly impact estate planning strategies.—
Matthew F. Erskine,
Forbes,
2 Jan. 2025
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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
Noun
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In 2023, the BBC’s offices in India were raided by income tax authorities, coming soon after a controversial BBC documentary titled India: The Modi Question, which was critical of the country’s President.—
Sara Merican,
Deadline,
20 Jan. 2025
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In Switzerland, people pay federal income tax rates ranging from 0 to 11.5%, but that doesn’t include local taxes, according to H&R Block.—
Celia Fernandez,
CNBC,
18 Jan. 2025
Noun
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Those fees included a 2.5% flat tax for Muslim charity, as well as a road tax and various income taxes on individuals and small businesses, Zelin says.—
Lauren Frayer,
NPR,
20 Dec. 2024
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Two states, Iowa and Louisiana, are moving to a flat tax.—
Kelly Phillips Erb,
Forbes,
24 Dec. 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 23 Jan. 2025.
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