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- The Inheritance Tax (Classic Reprint)
The Inheritance Tax (Classic Reprint)
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Excerpt from The Inheritance Tax
The term inheritance tax is used in this monograph to mean any tax on the devolution of property, real or personal, either by will or by intestacy. Succession tax is essentially a synonymous term, and is so used with reference to most countries, but in Great Britain and the United States it has acquired a more restricted meaning. By a collateral-inheritance tax is meant one applying only to collateral heirs and strangers in blood, or one from which direct descendants at least are exempt.
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