Entry from British & World English dictionary
noun[mass noun] British historical
A former death duty levied on property from 1889. It was replaced in 1975 by capital transfer tax and in 1986 by inheritance tax.
- In some countries, domicile is largely irrelevant for tax purposes or only affects capital taxes, such as estate duty.
- For example, the foreign tax suffered must be of a character similar to estate duty, gift tax or inheritance tax in order to get the relief.
- Thus he had over £20,000 of debts, and in addition £5,105 estate duty and interest was paid.
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