Inheritance tax

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"Estate tax" and "Death duty" redirect here.

Inheritance tax, estate tax and death duty are the names given to various taxes which arise on the death of an individual. In United States tax law, there is a distinction between an estate tax and an inheritance tax: the former taxes the personal representatives of the deceased, while the latter taxes the beneficiaries of the estate. However this distinction does not apply in other jurisdictions: for example, if using this terminology UK inheritance tax would be an estate tax.

In some jurisdictions, such taxes are known as inheritance tax:
*The United Kingdom: see Inheritance tax (United Kingdom).
*Some states of the United States: see Inheritance tax at the state level:
**Nebraska
**New Jersey
**Pennsylvania
**Tennessee

In some jurisdictions the term used is estate tax:
*The United States: see Estate tax (United States).
*Some states of the United States: see Inheritance tax at the state level:
**Missouri
**Virginia
**Washington
**West Virginia
**Wisconsin
**Wyoming

In some jurisdictions the term used is death duty, and for historical reasons that term is used colloquially - although it is no longer correct legally - in the United Kingdom and some Commonwealth nations.

In some jurisdictions the term is estate duty:
*Hong Kong. See Estate Duty Ordinance Cap.111.

In some jurisdictions, death gives rise to a charge to stamp duty:
*Bermuda

In some jurisdictions, death gives rise to a charge to '''capital gains tax:
*Canada. See Taxation in Canada.

Non-English speaking jurisdictions naturally use non-English terminology:
*Belgium. Inheritance tax in Belgium is collected at the federal level and distributed to the regional level.
*The Netherlands. Inheritance tax in the Netherlands (successierecht) exists since the year 1956. Deductions are generous, though marginal tax rates are rather steept. However, the rich and smart usually don't pay a penny, given the amount of loopholes and other possibilities to evade the tax. Nonetheless, the Dutch governments collects approxiametely one billion euro in inheritances taxes.

Finally, some jurisdictions have never had estate or inheritance taxes, or have abolished them:
*Australia
*Some states of the United States: see Inheritance tax at the state level:
**New Mexico
**South Dakota
**South Carolina
**Utah
*Vanuatu

This page is a modified page, which distinguishes not just between pages which would otherwise have the same name, but also between similar legal concepts which have different names in different jurisdictions.

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