death duty

• Impôt prélevé sur la succession d'une personne décédée avant la transmission de ses biens aux héritiers, souvent désigné de nos jours sous le nom de droits de succession.

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.

   Droits de succession

   • 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.