What is another word for death duty?

49 synonyms found


[ dˈɛθ djˈuːti], [ dˈɛθ djˈuːti], [ d_ˈɛ_θ d_j_ˈuː_t_i]

Synonyms for Death duty:

How to use "Death duty" in context?

Death duty is a tax on the deceased person's estate. In the United States, death duty is a tax levied by the Internal Revenue Service on assets of the deceased over $5,000,000 in value. Death duty is set at a rate of 10% of the deceased's value over $5,000,000. The tax is payable by the heir or beneficiary of the deceased, whether the heir inherits the estate outright or shares ownership of the estate with others.

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