death duty

• Impuesto que se aplica sobre los bienes de una persona fallecida antes de que estos sean transferidos a los herederos; en el uso moderno se denomina a menudo impuesto sobre sucesiones o impuesto de sucesiones.

A tax imposed on the estate of a deceased person before the estate is passed on to the heirs, commonly known as inheritance tax in modern usage.

1. Inheritance taxB2formalbritish

   A tax levied on the estate of a deceased person before the assets are passed to the heirs.

   Impuesto de sucesiones

   • The family had to pay a large sum in death duty after their grandfather passed away.
   • Changes to death duty laws can significantly affect estate planning.
   • He consulted a lawyer to minimize the death duty on his inheritance.