A Majority of States Currently Do Not Impose Any Tax

question 85

True/False

A majority of states currently do not impose any tax on transfers by death.

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Definitions:

FUTA

The Federal Unemployment Tax Act, a United States federal law that imposes a payroll tax on employers to fund state workforce agencies.

SUTA

State Unemployment Tax Act, a payroll tax paid by employers based on the state unemployment insurance rates and the taxable wages of their employees.