Longman Dictionary of Contemporary English
Wiktionary
n. A tax based on the value of the property of a deceased person, and charged on the personal representatives of the deceased.
WordNet
n. a tax on the estate of the deceased person [syn: inheritance tax, death tax, death duty]
Usage examples of "estate tax".
Now not only was he going to be badly squeezed on the fourth deal, but the Internal Revenue Service had come in on an estate tax basis and froze the doctor's equities in the other three parcels, and actually could order sale of those equities in order to meet the estate tax bite.
He died five years later, and now I have to arrange to pay full estate tax in both countries, even though he never lived here for more than six months in any given year.
The gift and estate tax never brought in more than perhaps two percent of federal revenues directly.
Still, much of what the estate tax did not take, it did not take due to clever but expensive lawyering.
Since Texas has also nullified the gift and estate tax, we expect to see money flowing into Texas to preserve it from estate taxation.
He doesn't see any estate tax consequences here, because even if the trust account were intact, there is enough coming in from the employee insurance, and enough pay and royalty interest due her, to more than take care of the tax.
He said he had blocked an attempt by the IRS to proceed with a computation of estate tax and had contested a writ to have his client's personal safety-deposit box opened.
After paying the estate tax, Pitt chose to invest the money in classic cars and aircraft rather than stocks and bonds.
The house meanwhile was recaptured by the Busati government for non-payment of the four-dollar annual real estate tax—.
The city gets half a point, too, not to mention the real estate tax and the personal property tax and now this goddamn recycling tax.
Marguerite had come into our office as a faded singer who wished to invest the remaining proceeds from a five- or six-year-old `hit,' and after an initial consultation Morning Gilligan whispered her down the corridor for my customary lecture on estate tax, trusts, so forth and so onin her case, due to the modesty of the funds in question, mere show.
After paying the estate tax, Pitt chose toinvest the money in classic cars and aircraft rather than stocks andbonds.