How to use Inheritances in a sentence
The chief sources of the general revenue fund are taxes on real and personal property, on liquors and cigarettes, on corporations and on inheritances; in 1909 the net receipts for this fund were $8,043,257, the disbursements $9,103,301, and the cash balance at the end of the fiscal year $3,428,705.
The rate on collateral inheritances is 5%, on direct inheritances 2%, on the excess above $3000.
In addition to their functions as guardians of the poor, the parish members have to investigate crimes and punish misdemeanours, settle litigations and divide inheritances.
He favoured abolishing the Federal inheritance tax, believing that the state alone should have jurisdiction over inheritances.
Thus an inheritance tax was first adopted by Pennsylvania in 1826, yet sixty years later only two states were taxing collateral inheritances.Advertisement
In 1907 there were 34 such, and 19 of these were taxing direct inheritances as well.
He eschewed the pomp and ceremonies, natural inheritances from English origins, that had been an innocent setting to the character of his two noble predecessors.
Viewed broadly, the financial resources of the earlier Empire were obtained from (1) the public land alike of the state and the Princeps; (2) the monopolies, principally of minerals; (3) the land tax; (4) the customs; (5) the taxes on inheritances, on sales and on the purchase of slaves (vectigalia).
An important act of his reign (212) was the bestowal of the rights of Roman citizenship upon all free inhabitants of the empire, although the main object of Caracalla was doubtless to increase the amount of revenue derived from the tax on inheritances or legacies to which only Roman citizens were liable.
The subordination of clerical to laic jurisdiction, the reduction in ecclesiastical possessions, the insisting on a translation of the Bible which could be read by the "common" man were all inheritances bequeathed by the Lollards.Advertisement
But at the same time he devoted his energies to the improvement of the administration of the empire; he reformed the standard of coinage, fixed the price of provisions and other necessaries of daily life, remitted the tax upon inheritances and manumissions, abolished various monopolies, repressed corruption and encouraged trade.
There is a tax on the gross receipts of corporations, a graduated land tax on all holdings exceeding 640 acres, a tax on income exceeding $3500, and a tax on gifts and inheritances.
A tax on inheritances ranked next.
In June 1639, however, a more definite statement of political principles was framed, in which it was clearly stated that the rules of Scripture should determine the ordering of the church, the choice of magistrates, the making and repeal of laws, the dividing of inheritances, and all other matters of public import; that only church members could become free burgesses and officials of the colony; that the free burgesses should choose twelve men who should choose seven others, and that these should organize the church and the civil government.
Eighth house matters The eighth house governs inheritances, and money that belongs to others.Advertisement
Estates, inheritances and gifts are regulated by separate treaties.
The punch line becomes funny once you know that annuities are not intended to be used as inheritances.