Daily Almanac for
Nov 28, 2009
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inher'itance tax"




a tax levied on the right of an heir to receive a decedent's property, the rate being a percentage of the value of the property. Also called death tax; Brit., death duty. Cf. estate tax.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

inheritanceinheritor
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