"Estate taxation" refers to a tax levied on the property or assets left behind by a deceased person. It is a way for the government to collect a portion of the value of someone's estate (all their belongings and property) after they pass away.
Full definition
Synonyms for individual words can be found below.
«estate»
«taxation»
Phrases with «estate taxation»
Sentences with «estate taxation»
- I am also a practicing CPA (certified public accountant) with experience in real estate taxation and forensic accounting. (biggerpockets.com)
- Although life insurance death proceeds will not typically be subject to income taxation, they may be subject to federal estate taxation. (dfs.ny.gov)
- If, however, ownership of the policy is removed from the insured's estate, the proceeds may be free of estate taxation. (quotacy.com)
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