inheritance tax Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "inheritance tax" - Business English Dictionary

See all translations

inheritance tax

noun [C or U]
 
 
mainly UK ( abbreviation IHT, UK also death duty, US estate tax) TAX, PROPERTY
a tax paid on the value of the property, money, and other assets of someone who has died: If you are a UK resident, you are liable to inheritance tax on your assets worldwide. The proposals are intended to block inheritance tax avoidance schemes. to avoid/escape/reduce inheritance tax →  See also death tax
Translations of “inheritance tax”
in Chinese (Traditional) 遺產稅…
in Chinese (Simplified) 遗产税…
(Definition of inheritance tax from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of inheritance tax?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “inheritance tax”

Definitions of “inheritance tax” in other dictionaries

Word of the Day
follow

If you follow a particular person on Twitter� (= a website where people can publish short remarks or pieces of information), you choose to see the messages that that person posts (= publishes) on the website.

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With America’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most important

Read More 

burger noun
burger noun
June 29, 2015
a menu on a computer screen comprising three short parallel horizontal lines which the user clicks to see options Definitely use a burger. You could put the settings in the burger menu too. Fix the settings to the bottom of the burger menu and use a vertically scrolling contact list that scrolls behind

Read More