Problem

Prohibitive death duties

Other Names:
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.

Related UN Sustainable Development Goals:
GOAL 16: Peace and Justice Strong Institutions
Problem Type:
E: Emanations of other problems
Date of last update
09.09.2019 – 21:10 CEST