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death tax |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
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estate tax purposes, it also provides a foreign death tax credit for the Canadian income tax assessed on the deemed sale at death of assets located in Canada; see Treaty Article XXIX B. THE death tax, estate tax or a fee on inherited wealth -- whatever you call it -- would be abolished if the House of Representatives' values prevail. A phase-out of the death tax was passed in 2001; it is supposed to disappear completely in 2010. |
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