Word familynouninheritabilityinheritanceinheritorinheritance taxadjectiveinheritableverbinherit
Related topics: Tax
inˈheritance ˌtax noun [uncountableU]
PETa tax that you have to pay when you receive money or property from someone who has died 遗产税
Examples from the Corpus
inheritance tax• Inheritance tax Generally, the residence of a trust is not important for inheritance tax.• Also, where there is property located outside the United Kingdom, no inheritance tax will be payable.• Property left to a surviving spouse remains, as before, free of inheritance tax.• At present, the first £128,000 of any estate is free of inheritance tax.• As this is over the inheritance tax threshold, it would bring a tax bill of £4,800.• Thus inheritance tax is concerned with gratuitous transactions. 5.