Estate tax in the United StatesIn the United States, the estate tax is a federal tax on the transfer of the estate of a person who dies. The tax applies to property that is transferred by will or, if the person has no will, according to state laws of intestacy. Other transfers that are subject to the tax can include those made through a trust and the payment of certain life insurance benefits or financial accounts. The estate tax is part of the federal unified gift and estate tax in the United States.
Gift taxTax on money or property that one living person gives to another In economics, a gift tax is the tax on money or property that one living person or corporate entity gives to another. A gift tax is a type of transfer tax that is imposed when someone gives something of value to someone else.
Capital gains taxTax on investment profits This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages) This article needs to be updated. Please help update this article to reflect recent events or newly available information. (February 2016) This article needs more citations. Please help improve this article by adding citations to reliable sources.
Taxation in CanadaGovernment revenue systems at all levels Taxation by country Afghanistan Albania Algeria Andorra Argentina Armenia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belgium Bermuda Bhutan Bosnia and Herzegovina Brazil British Virgin Islands Bulgaria Canada Chile China Colombia Croatia Cuba Cyprus Czech Republic Denmark Estonia Ethiopia Faroe Islands Finland France Germany Georgia Gibraltar Ghana Greece Greenland Hong Kong Hungary Iceland India Indonesia Iran Ireland Israel Italy Jamaica Japan Jersey Kazakhstan Kyrgyzstan Latvia Liechtenstein Lithuania Luxembourg Malaysia Malta Montenegro Morocco Namibia Nauru Netherlands New Zealand North Korea Norway Pakistan Palestine Panama Peru Philippines Poland Portugal Puerto Rico Russia Serbia Singapore Slovakia South Africa Spain Sri Lanka Sweden Switzerland Taiwan Tanzania Turkey Ukraine United Arab Emirates United Kingdom United States Uruguay Zambia European Union List of countries by tax rates Tax revenue as % of GDP vte Part of a series onTaxation An aspect of fiscal policy Policies Economic justice Government revenue Property tax equalization Tax revenue Non-tax revenue Tax law Tax bracket Flat tax Tax burden Tax threshold Taxation as theft Tax shift Tax cut Tax advantage Tax incentive Tax reform Double taxation Tax harmonization Tax competition Voluntary taxation Representation Economics General theory Excess burden Tax efficiency Tax incidence Laffer curve Optimal tax Price effect Theories Optimal capital income taxation Distribution of tax Tax rate Burden Flat Progressive Regressive Proportional Collection Economic nexus in the United States Revenue service Revenue stamp Tax assessment Taxable income Tax lien Tax refund Tax shield Tax residence Tax preparation Tax protester Tax investigation Tax collector Tax withholding Private tax collection Noncompliance Legal tax avoidance Base erosion and profit shifting (BEPS) Double Irish Single Malt CAIA Dutch Sandwich Estate planning Fuel dye Repatriation tax avoidance Share repurchase Tariff engineering Tax credit Tax deduction Tax exemption Taxpayer groups Tax holiday Tax inversion Tax farming Tax patent Tax shelter Illegal tax evasion Tax amnesty Black market Debtors' prison Tax exile Smuggling Tax resistance Transfer mispricing Unreported employment Locations Tax havens Corporate havens Offshore financial centres (OFCs) Offshore magic circle Conduit and sink OFCs Financial centres Financial Secrecy Index Major examples Ireland as a tax haven Ireland v. Commission Leprechaun economics Liechtenstein tax affair Luxembourg Leaks Offshore Leaks Paradise Papers Panama Papers Swiss Leaks United States as a tax haven Panama as a tax haven Types Direct Indirect Per unit Ad valorem Aviation Airport improvement Landing Solidarity Capital gains Exit Consumption Departure Hotel Sales Stamp Television Tourist Value-added Digital goods Dividend Environmental tax Carbon Eco-tariff Landfill Natural resources consumption Severance Steering Stumpage Excise Alcohol Fat Meat Sin Sugary drink Tobacco General Georgist Gift Gross receipts Hidden Hypothecated Income Inheritance (estate) Internet tax Land value Luxury Mining On childlessness Payroll Pigouvian Property Resource rent Single Stealth Surtax Turnover Use User charge/fee Congestion Fuel Road/GNSS Toll Vehicle miles traveled Corporate profit Excess profits Windfall Negative (income) Wealth International Financial transaction tax ATTAC Currency transaction tax European Union Common Consolidated Corporate Tax Base (CCCTB) Global minimum corporate tax rate Robin Hood tax Tobin tax Spahn tax Tax equalization Tax treaty Exchange of Information Permanent establishment Transfer pricing European Union FTT Foreign revenue rule Trade Custom Duty Tariff Import Export Tariff war Free trade Free-trade zone Trade agreement ATA Carnet Research Academic Mihir A. Desai Dhammika Dharmapala James R. Hines Jr. Ronen Palan Joel Slemrod Gabriel Zucman Advocacy groups Institute on Taxation and Economic Policy (ITEP) Oxfam (UK) Tax Foundation (US) Tax Justice Network (TJN) Tax Policy Center (US) Religious Church tax Eight per thousand Teind Tithe Fiscus Judaicus Leibzoll Temple tax Tolerance tax Jizya Kharaj Khums Nisab Zakat By country All countries List of countries by tax rates Tax revenue to GDP ratio Tax rates in Europe Individual countries Albania Algeria Argentina Armenia Australia Azerbaijan Bangladesh Bhutan Brazil Bulgaria BVI Canada China Colombia Croatia Denmark Finland France Germany Greece Hong Kong Iceland India Indonesia Iran Ireland Israel Italy Japan Kazakhstan Lithuania Malta Morocco Namibia Netherlands New Zealand Norway Pakistan Palestine Peru Philippines Poland Portugal Russia South Africa Sri Lanka Sweden Switzerland Taiwan Tanzania United Arab Emirates United Kingdom United States Uruguay Business portal Money portalvte Taxation in Canada involves the assessment and collection of taxes at each level of government, including federally, provincially and territorially, and locally.
Trust (law)A trust is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit of a designated person.
Commonwealth of NationsPolitical association which developed from the British EmpireThe Commonwealth of Nations, often referred to as the British Commonwealth or simply the Commonwealth, is an international association of 56 member states, the vast majority of which are former territories of its predecessor, the British Empire. They are connected through their use of the English language and their cultural and historical ties.Estate (law)In common law, an estate is a living or deceased person's net worth. It is the sum of a person's assets; their legal rights, interests, and entitlements to property of any kind, minus all of their liabilities at a given time. The issue is of special legal significance on a question of bankruptcy and death of the person. (See inheritance.)
NepotismNepotism is the act of granting an advantage, privilege, or position to relatives in an occupation or field. These fields can include retail, business, finance and accounting as well as politics, journalism, law, academia, entertainment, sports, religion, health care and social work. In concept, it is similar to cronyism. The term originated with the assignment of nephews, sons, or other relatives to important positions by Catholic popes and bishops.TaxCompulsory contribution to state revenueTax rateIn a tax system, the tax rate is the ratio (usually expressed as a percentage) at which a business or person is taxed. The tax rate that is applied to an individual's or corporation's income is determined by tax laws of the country and can be influenced by many factors such as income level, type of income, and so on. There are several methods used to present a tax rate: statutory, average, marginal, flat, and effective.International taxationInternational taxation is the study or determination of tax on a person or business subject to the tax laws of different countries, or the international aspects of an individual country's tax laws as the case may be. Governments usually limit the scope of their income taxation in some manner territorially or provide for offsets to taxation relating to extraterritorial income.JurisdictionJurisdiction (from Latin 'law' and 'speech' or 'declaration') is the legal term for the legal authority held by a legal entity to enact justice. Jurisdiction is rarely claimed to be complete: rather it is limited for example by geography, subject matter, or other factor.retroactiveRelated word or term.*As an Amazon Associate I earn from qualifying purchases.