Ask Question
4 February, 16:52

What is a tax levied on any asset inherited?

a. flat tax

c. payroll tax

b. estate tax

d. recessive tax

+5
Answers (1)
  1. 4 February, 18:18
    0
    The best answer here is b. estate tax - this is the tax that is applied on a transfer of wealth after the person died.

    a. flat and d. recessive tax decribe how and weather the rates of taxation change for people who earn less or more (flat tax: everyone pays the same percentage).
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is a tax levied on any asset inherited? a. flat tax c. payroll tax b. estate tax d. recessive tax ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers