Prohibitive death duties
- Distortionary inheritance taxes
Nature
Failure to account for government duties applied to inheritance can result in undesired sale of family property, inadequate provision for a surviving spouse and other family stresses.
Incidence
In the UK, inheritance tax on Estates start at 40% for estates in excess of £128,000.
Broader
Aggravates
Aggravated by
Reduces
Related
Strategy
Value
SDG
Metadata
Database
World problems
Type
(E) Emanations of other problems
Biological classification
N/A
Subject
Content quality
Unpresentable
Language
English
1A4N
J4609
DOCID
12046090
D7NID
146525
Last update
Oct 4, 2020