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 3
... applying to succession of personal as well as real property , is to be found in a papyrus dating from 117 B.C. The feudal doctrine of property , that full title rested only in the ruler , was current in Egypt , and the tax was viewed as ...
... applying to succession of personal as well as real property , is to be found in a papyrus dating from 117 B.C. The feudal doctrine of property , that full title rested only in the ruler , was current in Egypt , and the tax was viewed as ...
Page 5
... applied only to Roman citizens , not to the inhabitants of the provinces . Direct descendants and near relatives ( what degrees of re- lationship were included in this classification cannot be de- termined from the records that have ...
... applied only to Roman citizens , not to the inhabitants of the provinces . Direct descendants and near relatives ( what degrees of re- lationship were included in this classification cannot be de- termined from the records that have ...
Page 15
... applied to both nationals of the city and to foreigners residing there , but in 1735 property going out of the city was discriminated against , in that the 10 per cent rate was retained in such cases , whereas to heirs located in the ...
... applied to both nationals of the city and to foreigners residing there , but in 1735 property going out of the city was discriminated against , in that the 10 per cent rate was retained in such cases , whereas to heirs located in the ...
Page 17
... applied to personal estates only and was in addition to the ecclesi- astical duties , lasted until Lord North's reform in 1779 . Thomaz Cabreira , O problema tributario portuguez ( Lisbon , 1916 ) , vol . I , p . 369 . 23 See supra , p ...
... applied to personal estates only and was in addition to the ecclesi- astical duties , lasted until Lord North's reform in 1779 . Thomaz Cabreira , O problema tributario portuguez ( Lisbon , 1916 ) , vol . I , p . 369 . 23 See supra , p ...
Page 19
... applied only to the transfer of personal property.4 After 1779 , changes in the rates of the probate duty fol- lowed each other with great rapidity , always with a view to making them more proportional , particularly when the estates ...
... applied only to the transfer of personal property.4 After 1779 , changes in the rates of the probate duty fol- lowed each other with great rapidity , always with a view to making them more proportional , particularly when the estates ...
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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...