- a tax levied on persons who inherit property, typically a percentage of the value of the inheritance received
- loosely an estate tax
inheritance tax
inheritance taxWebster's New World College Dictionary, Fifth Edition Copyright © 2014 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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"Inheritance tax." YourDictionary. LoveToKnow. www.yourdictionary.com/inheritance-tax.
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Inheritance tax. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/inheritance-tax
inheritance tax
noun
A tax imposed on the privilege of taking property by inheritance or the right of receiving property by will, and assessed on the value of the property.
THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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Cite this page
MLA Style
"Inheritance tax." YourDictionary. LoveToKnow. www.yourdictionary.com/inheritance-tax.
APA Style
Inheritance tax. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/inheritance-tax
English Wiktionary. Available under CC-BY-SA license.
Link to this page
Cite this page
MLA Style
"Inheritance tax." YourDictionary. LoveToKnow. www.yourdictionary.com/inheritance-tax.
APA Style
Inheritance tax. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/inheritance-tax
