What Is the Difference Between an Inheritance Tax and an Estate

question 14

Essay

What is the difference between an inheritance tax and an estate tax? Who imposes these taxes?

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Definitions:

Squash

A racket sport played by two or four players in a four-walled court with a small, hollow rubber ball.

Perceive

The act of becoming aware of something through the senses.

Spelling

The act of correctly arranging the letters that form a word in their proper sequence.

Flipped

Turned over or rotated to the opposite side, typically to achieve a desired outcome or to indicate a change.