单词 | inheritance tax |
释义 | inheritance taxDefinition Levy payable by the individual inheritor(s) of wealth (assets) received after the death of the original owner. It is usually computed inversely according to the nearness of the familial relationship of the heir to the deceased: the closer the relationship the higher the tax. Inheritance tax is generally covered under 'capital transfer taxes,' and one of its objectives is a greater distribution of wealth in a society. |
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