Who can tell me what is inheritance tax?

Who can tell me what is inheritance tax?
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1 Answer

Answer :

Inheritance tax is the tax that you have to pay if you gain some kind of income through an inheritance fund. It is like adding to the income you gain through inheritance.
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Will I have to pay an inheritance tax on the money my mother left me in her will. It's under a million dollars.

Description : Will I have to pay an inheritance tax on the money my mother left me in her will. It's under a million dollars.

Last Answer : answer: For deaths occurring in 2011, up to $5,000,000 can be passed from an individual upon his or her death without incurring federal estate tax. Source Things were more complicated in 2010. The ... The lawyers are very happy, however. And I have a new and long vocabulary list of legal terms.

Inheritance tax

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Last Answer : http://www.mesec.cz/dane/dan-dedicka-a-darovaci/pruvodce/osvobozeni-od-dedicke-dane/If you are an heir of I. or II. groups none !!! you will not pay the tax, so you will not be declared for tax due to inheritance, therefore you will not file !!!

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Tax on inheritance is called - (1) Excise duty (2) Estate duty (3) Gift tax (4) Sales tax

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Last Answer : Estate duty 

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