Inheritance Tax definition

Inheritance Tax any Taxation payable pursuant to the Inheritance Tax Xxx 0000;
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Inheritance Tax means any tax levied at national, federal, regional, or local level upon death, irrespective of the name of the tax, of the manner in which the tax is levied and of the person to whom the tax is applied, including in particular estate tax, inheritance tax, transfer tax, transfer duty, stamp duty, income and capital gains tax;
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Inheritance Tax means the tax imposed under Title 7, Subtitle 2 of this article.
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Examples of Inheritance Tax in a sentence

  • Units of the New Jersey Trust may be taxable on the death of a Unit holder under the New Jersey Transfer Inheritance Tax law or the New Jersey Estate Tax Law.

  • Units of the New Jersey Trust may be subject, in the estates of New Jersey residents, to taxation under the Transfer Inheritance Tax Law of the State of New Jersey.

  • Units of the New Jersey Trust may be taxable on the death of a Unitholder under the New Jersey Transfer Inheritance Tax Law or the New Jersey Estate Tax Law.

  • The Designee is hereby authorized by the Recipient to utilize the stock power delivered by the Recipient to transfer all forfeited Shares to the Company upon receipt of instructions from a duly authorized representative of the Company.

  • Irish Gift and Inheritance Tax Irish capital acquisitions tax (at a rate of 33%) can apply to gifts or inheritances of Irish situate assets or where either the person from whom the gift or inheritance is taken is Irish domiciled, resident or ordinarily resident or the person taking the gift or inheritance is Irish resident or ordinarily resident.

  • Units of the New Jersey Trust may be taxable on the death of a Unit holder under the New Jersey Transfer Inheritance Tax Law or the New Jersey Estate Tax Law.

  • For example, The Auckland Volcanic Field is made up of over fifty separate volcanoes scattered across New Zealand's largest city.

  • Units of the New Jersey Series may be taxable on the death of a Unitholder under the New Jersey Transfer Inheritance Tax law or the New Jersey Estate Tax Law.

  • Having an effective estate plan in place will not only help to ensure that those you care about the most will be taken care of when you’re no longer around, but it can also help minimise Inheritance Tax (IHT) liabilities and ensure that assets are transferred in an orderly manner.

  • Business assets can usually be passed on either in your lifetime or after your death with Inheritance Tax relief of up to 100%.


More Definitions of Inheritance Tax

Inheritance Tax means inheritance tax chargeable in the United Kingdom under the IHTA.
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Inheritance Tax means inheritance tax charged under the Inheritance Tax Xxx 0000;
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Related to Inheritance Tax

  • Cumulative Net Realized Tax Benefit for a Taxable Year means the cumulative amount of Realized Tax Benefits for all Taxable Years of the Corporate Taxpayer, up to and including such Taxable Year, net of the cumulative amount of Realized Tax Detriments for the same period. The Realized Tax Benefit and Realized Tax Detriment for each Taxable Year shall be determined based on the most recent Tax Benefit Schedule or Amended Schedule, if any, in existence at the time of such determination.

  • Tax or “Taxes” means any federal, state, local or foreign income, gross receipts, property, sales, use, license, excise, franchise, employment, payroll, withholding, alternative or add on minimum, ad valorem, transfer or excise tax, or any other tax, custom, duty, governmental fee or other like assessment or charge of any kind whatsoever, together with any interest or penalty, imposed by any Governmental Entity.

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • FATCA Withholding Tax means any required withholding or deduction of tax pursuant to FATCA.

  • Withholding Tax means any tax, deduction, levy or similar payment obligation that is required to be deducted or withheld from a payment under Applicable Law. Annex 1 – Data Processing