Inheritance Tax Income Links

Tax breaks on forestry investments

A longstanding attraction of a UK forestry investment is that, provided it is run as a business and held for more than two years, it will qualify for the business property relief exemption from inheritance tax and also produce periodic tax-free income as trees are felled and the timber sold.

Inheritance tax phaseout, sales tax cut on grocery food en route to governor

The state inheritance tax -- now levied on estates greater than $1 million -- will be phased out by 2016, and the state sales tax on food will be cut by a quarter of a percentage point July 1.

Belgian Tax Provisions Discriminatory, EC Says

Belgium has been notified by the European Commission that two provisions in its tax regime, relating to Inheritance Tax and Corporate Income Tax, are discriminatory and must be amended.

Tax treatment of inherited property in India

Dear Tax Talk,I am a naturalized citizen of the U.S. My parents left some property for us in India. I sold my share in 2011. My questions are:Would that be considered an inheritance? If it is an inheritance, ...

Editorial: Early Christmas for the well-off

If you are rich the Tennessee legislature has done a good thing. No more inheritance tax on estates after 2015.