inheritance tax

Example Sentences

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Recent Examples of inheritance tax According to Oxfam’s analysis, half of the world’s billionaires live in countries with no inheritance tax for direct descendants. Jessica Dickler, CNBC, 22 Jan. 2025 The regime has long courted controversy, leading U.K. Finance Minister Rachel Reeves in her October budget to confirm that it would be abolished from April 2025, and that all long-term residents would be subject to inheritance tax (IHT) on their worldwide assets, including those held in trust. Karen Gilchrist, CNBC, 24 Jan. 2025 The plan also considers eliminating the inheritance tax and doing away with the Inflation Reduction Act’s alternative minimum tax for corporations. Tobias Burns, The Hill, 17 Jan. 2025 Only a handful of states impose an inheritance tax. Robert Cole, Forbes, 9 Jan. 2025 See All Example Sentences for inheritance tax
Recent Examples of Synonyms for inheritance tax
Noun
  • More specifically, a clear, firm decision on the estate tax exemption amounts before the calendar flips to 2026.
    Darren T. Case, Forbes.com, 31 Mar. 2025
  • But the income tax and estate tax have different definitions of grantor trusts.
    Bob Carlson, Forbes, 13 Mar. 2025
Noun
  • The claim is that the death tax imposes an unfair and costly tax on the transfer of property, land, and other assets from a decedent to his or her heirs and that can decimate small businesses and family farms.
    Martin Shenkman, Forbes, 20 Feb. 2025
  • 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
Noun
  • The second type of problem involved individual taxpayers who faced tax time headaches when trying to claim the credit when filing 2024 income tax returns.
    Susan Tompor, USA Today, 31 Mar. 2025
  • Arizona and North Dakota (both 2.5%) have the lowest among states with an income tax.
    Alex Fitzpatrick, Axios, 28 Mar. 2025
Noun
  • Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense.
    Steve Forbes, Forbes.com, 28 Mar. 2025
  • Tariffs are a sales tax on Americans – a big, flat tax on everyone.
    Clem Chambers, Forbes, 5 Mar. 2025

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Cite this Entry

“Inheritance tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/inheritance%20tax. Accessed 11 Apr. 2025.

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