Register
When a transfer of wealth occurs upon a person's death and the tax owed is levied on the recipient, it is called?
82.5k views
5 votes
When a transfer of wealth occurs upon a person's death and the tax owed is levied on the recipient, it is called?

User David Thompson
by
6.0k points

1 Answer

2 votes
This kind of tax is called an inheritance tax. This is a kind of tax that a person pays after they inherit a money or property or if they inherit a levy on an estate after a person has died.
User Stavros Avramidis
by
7.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.4m questions

9.9m answers

Other Questions

In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Identify the advantages and disadvantages of a command economy.
Link Copied!