estate tax
noun
: a tax in the form of a percentage of the taxable estate that is imposed on a property owner's right to transfer the property to others after his or her death compare inheritance tax sense 1
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Estate Tax Revisions: Perhaps most important to estate planning attorneys is the discussion on the estate tax exemption (and corresponding gift tax exemption and generation-skipping transfer tax exemption).
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Darren T. Case, Forbes, 1 Nov. 2024
Higher estate tax exemptions approved under the Trump administration’s Tax Cuts and Jobs Act of 2017 are set to expire next year.
—Sean Conlon, CNBC, 27 Oct. 2024
The estate tax rate ranges from 18% to 40%, depending on the amount above the exemption amount.
—Medora Lee, USA TODAY, 25 Oct. 2024
Tax Cuts and Jobs Act The 2017 Tax Cuts and Jobs Act, a major revamp of the individual income and estate tax codes made under the Trump administration, is set to expire after 2025.
—Nerdwallet, The Mercury News, 15 Oct. 2024
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Darren T. Case, Forbes, 1 Nov. 2024
Higher estate tax exemptions approved under the Trump administration’s Tax Cuts and Jobs Act of 2017 are set to expire next year.
—Sean Conlon, CNBC, 27 Oct. 2024
The estate tax rate ranges from 18% to 40%, depending on the amount above the exemption amount.
—Medora Lee, USA TODAY, 25 Oct. 2024
Tax Cuts and Jobs Act The 2017 Tax Cuts and Jobs Act, a major revamp of the individual income and estate tax codes made under the Trump administration, is set to expire after 2025.
—Nerdwallet, The Mercury News, 15 Oct. 2024
See all Example Sentences for estate tax
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“Estate tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/estate%20tax. Accessed 28 Nov. 2024.
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