estate tax - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “estate tax”

estate tax

noun [C]
 
 
US ( also death tax, UK inheritance tax, UK death duty, UK estate duty)
TAX, PROPERTY a tax paid on the value of the property, money, and other assets of someone who has died: Many people don't understand how the estate tax laws actually work.
(Definition of estate tax from the Cambridge Business English Dictionary © Cambridge University Press)
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