estate tax

noun

: a tax in the form of a percentage of the taxable estate that is imposed on a property owner's right to transfer the property to others after his or her death compare inheritance tax sense 1

Examples of estate tax in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
When values are low and expected to rebound, the long-term appreciation can pass to heirs with little or no estate tax. Matthew F. Erskine, Forbes.com, 7 Apr. 2025 The Republicans framed their work as preventing a tax increase for most American families, arguing that unless Congress acts, the individual and estate tax cuts that GOP lawmakers passed in 2017 will expire at the end of this year. Time, 5 Apr. 2025 The Tax Cuts and Jobs Act of 2017 slashed the corporate tax rate from 35% to 21% and more than doubled the federal estate tax exemption rate for married couples, from $11 million to $27 million. Lz Granderson, Mercury News, 28 Mar. 2025 Republicans are pushing for an extension for all of the cuts chiefly to ensure the estate tax exemption remains and the 20% pass-through deduction doesn’t disappear. Andrew Leahey, Forbes, 17 Mar. 2025 See All Example Sentences for estate tax

Word History

First Known Use

1928, in the meaning defined above

Time Traveler
The first known use of estate tax was in 1928

Browse Nearby Words

Cite this Entry

“Estate tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/estate%20tax. Accessed 23 Apr. 2025.

Legal Definition

estate tax

noun
: an excise in the form of a percentage of the taxable estate that is imposed on a property owner's right to transfer the property to others after his or her death

called also succession tax

see also unified transfer tax compare gift tax, inheritance tax

More from Merriam-Webster on estate tax

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!