When a transfer of wealth occurs upon a person's death and the tax owed is levied on the recipient, it is called?

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asked Aug 20, 2018 82.5k views

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Stavros Avramidis · Answer 1 · 2018-08-26T10:01:32+0000

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.

When a transfer of wealth occurs upon a person's death and the tax owed is levied on the recipient, it is called?

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