estate duty


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estate duty

a tax formerly levied on the value of property passing on a person's death. Estate duty was abolished in the UK in respect of deaths occurring after 12 March 1975, being replaced by Capital Transfer Tax (now INHERITANCE TAX).
References in periodicals archive ?
The Estate Duty Assessment Amendment Bill 1978 precipitated the first substantial debate on death duties since 1914.
Inheritance taxes in Australia: a matter of indifference, not taboo
The treatment for inheritance tax and estate duty is less straightforward.
The cultural gifts scheme: a new incentive for philanthropists?
This is in addition to estate duty, which may be payable on the net value of the estate of the deceased.
Estate planning and wills
There is no VAT on a property purchase and no capital gains tax or estate duty to be paid in Gi braltar.
For those about to rock; Annie Roberts takes a look at the benefits of buying a property on the dependency of Gibraltar
"It was no joke inheriting a house and estate in 1948 with inheritance tax and estate duty sucking out pounds 3 of every pounds 4 from the business.
New life ahead for old Stanley Grange farm buildings
Last year, the National Galleries of Scotland scored a notable triumph with the acquisition, partly in lieu of estate duty, of the Duke of Sutherland's Venus Anadyomene by Titian.
A great challenge for Scotland
The concept of successful pragmatism was applied also to death duties: "In 1984, we cut estate duty from a maximum of 60 per cent to between 5 per cent and 10 per cent, depending on the value of the estate.
From Third World to First: The Singapore Story, 1965-2000. (Book Reviews)
ASORTING out a deceased person's property can be complicated by claims the state makes for care contributions and outstanding income tax or estate duty. But there is no reason for a solicitor not to communicate with the beneficiaries.
Cat woman sold me pup; HAVE I BEEN A PEDIGREE CHUMP?
Such registration exempts the company and/or beneficial owner from all income tax and estate duty in Gibraltar.
The emergence of a captive center
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