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Nov 1, 2008 12:00 PM
Death Taxes Around the World
Next year, no matter how preoccupied the federal government is and no matter who is president, a new federal estate tax law is quite likely to be adopted. If it isn't, on Jan. 1, 2010, the U.S. federal estate tax will disappear — at least for that one year. Then, on Jan. 1, 2011, rates will revert back to a mere $1 million exemption per person so that even the upper middle class would be taxed. The general view is that there will be a new law, and soon.
As federal lawmakers contemplate a new federal estate tax for the United States, it should be helpful to know what other countries are doing. So, here is a quick “A to Zed” around the world. Some countries are abolishing the tax; others are adding it; several just keep changing it.
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Topics of Interest
| Estate Tax | Donor Advised Funds |
| GSTs | Family Offices |
| Private Foundations | Life Insurance |
| 2010 Tax Act News | Industry Trends Surveys |
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