The Taxation of InheritanceHoughton Mifflin, 1926 - 379 pages History of inheritance tax in different parts of the world, overview of the theory of inheritance tax and analysis of the UK inheritance tax system. |
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Page 16
... according to the needs of the 19 See infra , pp . 167–68 . 20 Pannetier , Les successions et le fisc ( Paris , 1919 ) , ch . 1 . " L. Victor Paret , Modificaciones que en el actual sistema tributario es- panol exigen las condiciones de ...
... according to the needs of the 19 See infra , pp . 167–68 . 20 Pannetier , Les successions et le fisc ( Paris , 1919 ) , ch . 1 . " L. Victor Paret , Modificaciones que en el actual sistema tributario es- panol exigen las condiciones de ...
Page 25
... according to the total value of the estate , was established . Later amendments to the act of 1894 made no changes in its fundamental provisions , but did change the rates of the estate duty and of the combined legacy and succession ...
... according to the total value of the estate , was established . Later amendments to the act of 1894 made no changes in its fundamental provisions , but did change the rates of the estate duty and of the combined legacy and succession ...
Page 26
... according to the amount.25 The Lloyd George Budget of 1909-10 again accelerated the progression of the estate tax rates from £ 50,000 on , so that estates above £ 1,000,000 paid a flat 15 per cent rate . At the same time the rates of ...
... according to the amount.25 The Lloyd George Budget of 1909-10 again accelerated the progression of the estate tax rates from £ 50,000 on , so that estates above £ 1,000,000 paid a flat 15 per cent rate . At the same time the rates of ...
Page 28
... according to the relationship of the heir to the deceased . In 1893 a progressive inheritance tax was adopted , the surviv- ing spouse and lineal descendants paying from 11⁄2 per cent on amounts between £ 500 and £ 7000 to 10 per cent ...
... according to the relationship of the heir to the deceased . In 1893 a progressive inheritance tax was adopted , the surviv- ing spouse and lineal descendants paying from 11⁄2 per cent on amounts between £ 500 and £ 7000 to 10 per cent ...
Page 44
... according to whether they were citizens of Belgium or not At the same time a mutation duty on the transfer of real property was levied , 1.4 per cent when passing to the direct heirs , and 6.8 per cent to others.33 In 1879 the rates ...
... according to whether they were citizens of Belgium or not At the same time a mutation duty on the transfer of real property was levied , 1.4 per cent when passing to the direct heirs , and 6.8 per cent to others.33 In 1879 the rates ...
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Common terms and phrases
additional administration adopted allowed American amount ance tax applied argument beneficiaries bequests brackets brothers and sisters capital cedent centum charitable classes contemplation of death corporations death duties decedent's deduction direct heirs direct line doctrine dollars domicile double taxation economists enacted Erbschaftssteuer escheat estate tax evasion exceeding excess executor exemption federal estate duty feudal Finance fiscal France German gift tax gifts inter vivos heritance tax income tax increased infra inheritance tax law inheritance tax statutes interest intestacy intestate intestate succession landed property legacy legislature levied Massachusetts National Tax Association non-resident decedents North Dakota paid Paragraph personal property perty principle prior wealth probate duty progressive inheritance tax progressive rates progressive tax property passing proposed real property relationship discrimination resident revenue Schanz schedule share situs Soward and Willan strangers succession duty supra surviving spouse Tax Commission taxable tion widow Wisconsin York
Popular passages
Page 112 - The right to take property by devise or descent is the creature of the law, and not a natural right .... a privilege, and therefore the authority which confers it may impose conditions upon it.
Page 314 - We do not speak of evasion, because, when the law draws a line, a case is on one side of it or the other, and if on the safe side is none the worse legally that a party has availed himself to the full of what the law permits.
Page 158 - To the extent of the amount receivable by the executor as insurance under policies taken out by the decedent upon his own life; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies taken out by the decedent upon his own life.
Page 364 - ... including the shares of the capital stock of, or other interests in, the safe deposit company, trust company, corporation, bank or other institution...
Page 363 - No safe deposit company, trust company, corporation, bank or other institution, person or persons having in possession or under control securities, deposits, or other assets belonging to or standing in the name of a decedent who was a resident or nonresident...
Page 344 - Exceptions , , . * . , ., . ,. ,,_ and limitations. passes by any such transfer to or for the use of any father, mother, husband, wife, child, brother, sister, wife or widow of a son or the husband of a daughter...
Page 366 - An executor, administrator or trustee holding property subject to said tax shall deduct the tax therefrom or collect it from the legatee or person entitled to said property; and he shall not deliver property or a specific legacy subject to said tax until he has collected the tax thereon. An executor or administrator shall collect taxes due upon land...
Page 352 - But no such corporation or association shall be entitled to any such exemption if any officer, member or employee thereof shall receive or may be lawfully entitled to receive any pecuniary profit from the operations thereof, except reasonable compensation for services in effecting one or more of such purposes, or as proper beneficiaries of its strictly charitable purposes...
Page 347 - Any transfer of a material part of his property in the nature of a final disposition or distribution thereof, made by the decedent within two years prior to his death without such a consideration, shall, unless shown to the contrary, be deemed to have been made in contemplation of death...
Page 344 - ... in the same manner as though the property to which such appointment relates belonged absolutely to the donee of such power and had been bequeathed or devised by such donee by will...