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USA: Estate tax

There is an excellent article on both sides of the estate tax in the Boston globe. Even though NZ has not had estate taxes for some time, other countries are still debating the best way to deal with them.

Interestingly the Death Tax? In 2009, only estates worth more than $3.5 million (or $7 million for a couple) would be taxed. That’s three out of every 1,000 estates. After exemptions and deductions, the effective tax rate on average is estimated to be 17 percent.

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This entry was posted on Wednesday, June 21st, 2006 at 12:11 pm and is filed under Death Duties and Estate Taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “USA: Estate tax”

  1. Charles Yeterian Says:
    December 21st, 2007 at 9:25 pm

    I understand Congress will soon be debating the issue of estate/inheritance taxes, to be applied starting 2011 and beyond. How can one be made aware of developments in this aspect when living overseas? thanks in anticipation for your response – happy holidays

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