What does estate tax mean?
Definitions for estate tax
es·tate tax
This dictionary definitions page includes all the possible meanings, example usage and translations of the word estate tax.
Princeton's WordNet
inheritance tax, estate tax, death tax, death dutynoun
a tax on the estate of the deceased person
Wiktionary
estate taxnoun
A tax based on the value of the property of a deceased person, and charged on the personal representatives of the deceased.
ChatGPT
estate tax
Estate tax is a tax levied by the government on the value of a deceased person's estate before the distribution to any beneficiaries. It is usually calculated as a percentage of the total estimated value of the estate, above a certain exemption limit. The exact laws, rates, and exemption thresholds governing the estate tax vary considerably between different jurisdictions.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of estate tax in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of estate tax in Pythagorean Numerology is: 7
Examples of estate tax in a Sentence
Our dear father, President Donald Trump, passed away in June 1999. Mary Anne Trump, Mary Anne Trump, passed away in August 2000, all appropriate gift and estate tax returns were filed, and the required taxes were paid. Our father's estate was closed in 2001 by both the Internal Revenue Service and the New York State tax authorities, and our mother's estate was closed in 2004. Our family has no other comment on these matters that happened some 20 years ago, and would appreciate your respecting the privacy of our deceased parents, may God rest their souls.
Translations for estate tax
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"estate tax." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/estate+tax>.
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