This paper provides an overview of different inheritance tax regimes in selected European countries and the United States. We show that majority rate is related to relationship between testator beneficiary as well value inherited assets. In most transfer wealth within families treated preferentially (lower rates, exemptions reliefs). particularly case for business assets family homes. The analy...

abstract tax is one of the main sources of financing government budget. therefore, having a clear picture about the attainable amount of taxes are not only necessary for optimal allocation of scarce resources for tax collection, but also helps the government to develop precise tax collection programs .in this article, the structural features of the tax revenues series have first been examined i...

Inheritances create a second distinguishing characteristic of individuals, in addition to earning abilities. We incorporate this fact into an optimum income taxation model with bequests motivated by joy of giving, and show that a tax on inherited wealth is equivalent to a tax on expenditures, i. e. to a uniform tax on consumption plus bequests. These taxes have a positive effect on intertempora...

When accidental bequests signal otherwise unobservable individual characteristics such as productivity and longevity, the population should be partitioned into two groups: those who do not receive an inheritance those who do. The …rst tagged group gets a second-best tax à la Mirrlees; the second group, when its type is fully revealed, a …rst-best tax schedule. Receiving an inheritance makes hig...