This French Life (Free subscription) | 09/10/2008
THE inequality that the French inheritance tax system has towards same-sex couples from outside France could see many people face bill totalling 60 per cent of the value of their...
TaxProf Blog (Free subscription) | 08/10/2008
Lily L. Batchelder (NYU) has posted What Should Society Expect from Heirs? A Proposal for a Comprehensive Inheritance Tax, 62 Tax L. Rev. ___ (2008), on SSRN. Here is the abstract: The upcoming one-year repeal of the federal estate tax...
Ecademy: user blogs (Free subscription) | 07/10/2008
An article printed in CityWire and Kyero states that Spain is considering scrapping IHT for property transactions in order to help bolster the construction sector. Well in Valencia it already has (Almost). IHT is not payable for descendents of property owners as long as those descendents are resident in the Valencian community. There is a nominal fee of 1% to be paid. Thus if you leave a property to...
Creative Destruction (Free subscription) | 01/10/2008
Biography of Dan Quayle: - Law degree, Indiana University - Work in state government: investigator in Indiana Office of Attorney General, assistant to governor, director of Inheritance Tax Division at Indiana Department of Revenue - U.S. House of Representatives, 1976-1980 - U.S. Senate, 1980-1988 - Vice President, 1989-1992 Biography of Sarah Palin: - Bachelor of Science in communications/journalism,...
The Independent (Free subscription) | 01/10/2008
Question: Our 31-year-old grandson is getting married soon and we want to help him get on the property ladder, but don't know the tax rules for handing him a lump sum for a deposit. We'd like to give him £15,000 of our savings but would there be any inheritance tax (IHT) to pay? JJ Peterson, Cardiff.
newsjiffy (Free subscription) | 30/09/2008
I watched Tonight: The Tax Factor on ITV, which revealed that the least favourite "stealth taxes" were (in order of the hatred they incited): Fuel duty, hospital car parking charges, inheritance tax, home information packs and council tax. No surprsies there, although I would have thought hospital car parking charges would have angered people the most. Polly Toynbee defended the government, as no minister...
The ThunderDragon (Free subscription) | 30/09/2008
The big announcement in George Osborne’s speech today was that the next Conservative government is to freeze council tax for two years. Not as electrifying as last year’s inheritance tax proposal, and harder for a Labour government to steal. Obsorne said: The country may not be able to afford upfront tax cuts because borrowing is too high [...]
The Wardman Wire (Free subscription) | 29/09/2008
A hard act to follow George Osborne had a hard act to follow after he stole the show with his inheritance tax announcement last year. As if to make things even harder, the government today announced the nationalisation of the Bradford and Bingley which is also vying for the news headlines. It does say [...]
politicalbetting.com (Free subscription) | 29/09/2008
Click panel to view BBC news clip What do we think of the council tax plan? After last year’s dramatic Monday at the Tory conference when George Osborne’s inheritance tax plan helped turned the political narrative on its head there was a degree of expectation when he got up to speak this morning. Alas the conference is [...]
Boulton & Co. (Free subscription) | 29/09/2008
In an interview on Sky News ahead of his Tory conference speech, George Osborne very tantalisingly said he had a big announcement up his sleeve. This time last year, in Blackpool, Osborne made his electrifying announcement about inheritance tax, that proved to be a massive turning point in the fortunes of Labour and the Conservatives. With the benefit of hindsight, we should have seen the council...
You and Yours Blawg (Free subscription) | 24/09/2008
Category: Elder Law , Estate Planning , Estate and Inheritance Tax , Business Law and Planning , Tax Law and Planning , Probate and Estate Administration , Financial Planning , Miscellaneous Musings I can't seem to stop reading about this "bailout" or No Banker Left Behind Act. It is like watching a car wreck in slow motion - you would do something if you could, but you don't have the power to stop...
The Telegraph (Free subscription) | 24/09/2008
Britain's top female skier Chemmy Alcott is struggling to sell her mother's home to pay nearly £600000 in inheritance tax.
Eastcliff Matters (Free subscription) | 23/09/2008
Tories plan to extend inheritance tax threshold to £2 million Hat-tip Labour Matters Further to my post on 30th August about Tory millionaires , where I wrote "Look out for policies that will specifically help millionaires and ignore everyone else", the Telegraph reports that the Conservatives are planning to raise the inheritance tax threshold to £2 million.Surely they've proposed this just so the...
Unqualified Offerings (Free subscription) | 23/09/2008
Jason Hurley’s comment downblog makes a great jumping-off point for some distinctions I’m trying to work out: i want marijuana legalized. i don’t care what gays do behind closed doors. i think our foreign policy is a joke, and i think the inheritance tax is a joke too. but how is my fault that finger wagging [...]
TaxProf Blog (Free subscription) | 19/09/2008
The Tax Law Review hosts a symposium today at NYU on the forthcoming article by Lily Batchelder (NYU), Taxing Privilege More Effectively: Replacing the Estate Tax with an Inheritance Tax. The abstract is below the fold. Here is the schedule:...
