What is a tax levied on any asset inherited?

2 answers:

7 0

The best answer here is b. estate tax - this is the tax that is applied on a transfer of wealth after the person died.

a. flat and d. recessive tax decribe how and weather the rates of taxation change for people who earn less or more (flat tax: everyone pays the same percentage).

Mrac [35]3 years ago

6 0

Answer:

b. estate tax

Explanation:

An Estate Tax is a Federal tax that is collected on the value of a person's property at the time of his or her death. The tax is used on to properties that are transferred via a will or according to state laws of intestacy.

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The meaning of glanced over

vodomira [7]

Explanation:

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3 years ago

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Which statement is true about the colonial period of Georgia?

Marina86 [1]

The statement that is true about the colonial period of Georgia is:

<u>A. The colony of Georgia did not allow Catholics but did not allow Jewish immigrants.</u>

The colony of Georgia is one of the many American colonies which was resettled. They were known for their stance on the use of slaves in plantations.

The colony was settled more than half a century after the other twelve colonies were established. They had the American Constitution ratified in 1778.

The Roman Catholic Church was not allowed in the colony, and also that Jewish immigrants were also not allowed. However, a group of Jewish immigrants were allowed in the colony in 1733.