MLchartDataset catalogue

Inheritance tax

Term · Law · MLC-T-LAW-002634

A tax levied on the value of assets received by an individual heir from a deceased person's estate. This tax is paid by the beneficiary, not by the estate itself. Only a few U.S. states, such as Pennsylvania and New Jersey, impose an inheritance tax.

Table 1. Record
IdentifierMLC-T-LAW-002634
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002634",
  "term": "Inheritance tax",
  "field": "Law",
  "definition": "A tax levied on the value of assets received by an individual heir from a deceased person's estate. This tax is paid by the beneficiary, not by the estate itself. Only a few U.S. states, such as Pennsylvania and New Jersey, impose an inheritance tax.",
  "url": "https://mlchart.com/terminology/law/inheritance-tax/"
}

Record 2,561 of 5,445 in Law terminology (MLC-0107). Request the full dataset.