Definition of estate duty in English:

estate duty


mass nounhistoricalBritish
  • A former death duty levied on property from 1889. It was replaced in 1975 by capital transfer tax and in 1986 by inheritance tax.

    • ‘In some countries, domicile is largely irrelevant for tax purposes or only affects capital taxes, such as estate duty.’
    • ‘For example, the foreign tax suffered must be of a character similar to estate duty, gift tax or inheritance tax in order to get the relief.’
    • ‘Thus he had over £20,000 of debts, and in addition £5,105 estate duty and interest was paid.’
    • ‘There was no existing liability to estate duty at the date the declaration was sought.’