inheritance tax
noun [ C or U ]
TAX, PROPERTY mainly UK ukus( abbreviation IHT); ( UK also death duty); ( US estate tax)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