Compare and contrast your state’s taxation of inheritance with federal taxation of inheritance

Answers

Answer 1

An inheritance tax is a tax that people pay when money or property acrued to them from the estate of a person who has died. Read below about state’s taxation & federal taxation of inheritance.

How will one compare state’s taxation of inheritance with federal taxation of inheritance?

Both state and federal taxation of inheritance are real. Federal taxation of inheritance may wave it when larger parts of the estates are not substantial to be charged. Like in the case of federal estate tax, state taxes are collected only above certain margin or level.

What is the contrast with state’s taxation of & federal taxation of inheritance?

The main contrast is that in clear cut difference, there is no real federal inheritance tax. However, a federal estate tax applies to estates with substantial value. The state's taxation of inheritance is collected only on the areas of an estate that exceeds those values. Consequently, while some states do not have and some do. Those that do, do not necessarily apply to certain amount unlike the federal taxation of inheritance.

Therefore, the comparison and contrast are established above.

learn more about taxation of inheritance: https://brainly.com/question/27015438

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Related Questions

i need this people……….

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Answer:

Je finis

tu finis

il/elle finit

nous finissons

vous finissez

Explanation:

Im sorry im a little late

C'est une personne tres exigeant.

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1)

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1. C'est le professeur.

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Explanation:

box = finit

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sorry i dont know for past or the first one

remplons

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Où irais-tu pour te faire couper les cheveux?

O J'irais chez le tailleur-couturier.
O J'irais à la teinturerie.
O J'irais chez le coiffeur.
O J'irais à la laverie-automatique.

Answers

Answer:

O J'irais chez le coiffeur.

Explanation:

où iriez-vous chercher du poisson ?

juste pour demander

C “ J’irais chez le coiffeur “

what is lunch in french?

Answers

Lunch in French is called déjeuner
Lunch = le déjeuner
Snack = le goûter
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Read this conversation between Laure andJack and then choose the place where they're most likely to be.

Laure: Veux-tu une infusion?
Jack: Non, merci. Je préfère un café.

A.
au restaurant
B.
au cinéma
C.
à la salle de jeux vidéo
D.
à la patinoire

Answers

Answer:

Au restaurant.

Explanation:

They are talking about a cafe and infusions

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