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death duty
death duty
noun
- a tax on property inheritances: in Britain, replaced in 1975 by capital transfer tax and since 1986 by inheritance tax Also calledestate duty
Word History and Origins
Origin of death duty1
Example Sentences
Austria abolished inheritance tax in 2008, one of a handful of European countries that do not impose inheritance tax - or death duties.
The great museums and galleries of the US would be practically bare without the generosity of private donors; in the UK, the wealthy typically leave their pictures to the nation to avoid paying death duties.
In 1950, a crisis: The 10th duke died suddenly at age 55, and death duties of 80 percent unexpectedly came due.
His statement outlines how the team, with more than 40 employees from around the country, is temporarily assigned to death duty.
The impact of Lloyd George’s 1909 People’s Budget taxes on land, death duties and high incomes, was made suddenly sharper by the inflation that followed the war.
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