The deaths of these two only children, at a time of high post-war death duty, meant that in 1957 a substantial number of British-bred Arabian horses left the country, improving the breed's bloodlines elsewhere.
The vicesima hereditatium ("twentieth of inheritance") was levied by Rome's first emperor, Augustus, in the last decade of his reign.
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For historical reasons that term is used colloquially (though not legally) in the United Kingdom and some Commonwealth nations.
In 1979 after much of the matter's litigation had already taken place, the court said:...
They quoted in particular Pease’s support for an increase in death duties which had led estate owners to reduce outgoings, discharging servants and agricultural labourers.
Arguments made by tax protesters generally deal with the U.S. federal income tax and not with other taxes such as the gift tax, estate tax, sales tax, and property tax (although some tax protesters have attacked the last category under allodial title claims).
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In that year, inheritance taxes forced the Duncombes to rent out the hall to Queen Mary's School for Girls, whose pupils were rumoured to feed the dog unwanted Marmite sandwiches.
Inheritance tax is levied by the provinces - as of 2011, only Buenos Aires levies it (4% when the assets are worth over 3 million pesos).
Well-known Republican pollster Frank Luntz wrote that the term "death tax" "kindled voter resentment in a way that 'inheritance tax' and 'estate tax' do not".