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Tag: Inheritance tax installments

Inheritance Tax – Pay by installments

Inheritance Tax – Pay by installments

Inheritance tax – pay by installments Tax law provides for the payment of inheritance or gift tax by means of 60 equal monthly installments where a beneficiary takes: 1) an absolute interest in immovable property i.e land or buildings 2) agricultural property consisting of land, buildings and farm machinery 3) relevant business property or a…

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