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#inheritancetax — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #inheritancetax, aggregated by home.social.

  1. Inheritance tax gifting allowance slashed by 78 per cent as families hit with ‘stealth tax’

    Britons hoping to pass money down to loved ones are being hit by a hidden inheritance tax squeeze…
    #NewsBeep #News #Personalfinance #AU #Australia #Business #Finance #inheritancetax #money #PersonalFinance #SGG
    newsbeep.com/au/666631/

  2. Families rush to raid pensions amid fears of HMRC inheritance tax raids

    Affluent British families are accelerating efforts to withdraw pension savings and transfer significant sums to their adult children…
    #NewsBeep #News #Personalfinance #Business #Finance #HMRC #Inheritancetax #Money #Pensions #PersonalFinance #SGG #Tax #UK #UnitedKingdom
    newsbeep.com/uk/565310/

  3. SAMSUNG HEIRS SETTLE MONUMENTAL INHERITANCE LEVY

    Samsung family pays $8 billion inheritance tax on Lee Kun-hee's estate. Learn how they settled it and what it means for the company.

    #SamsungTax, #InheritanceTax, #SouthKorea, #LeeKunHee, #SamsungFamily

    newsletter.tf/samsung-heirs-pa

  4. The Samsung family has paid a massive $8 billion inheritance tax, the largest in South Korean history. This payment was spread over five years.

    #SamsungTax, #InheritanceTax, #SouthKorea, #LeeKunHee, #SamsungFamily
    newsletter.tf/samsung-heirs-pa

  5. South Korea's Industry Minister Kim Jeong-gwan announced an official audit of the Korea Chamber of Commerce and Industry after the organization released disputed inheritance tax data, pledging reforms to restore public trust.
    #YonhapInfomax #InheritanceTax #KCCI #Audit #KimJeongGwan #HighNetWorthIndividuals #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  6. South Korea's Industry Minister Kim Jeong-gwan announced an official audit of the Korea Chamber of Commerce and Industry after the organization released disputed inheritance tax data, pledging reforms to restore public trust.
    #YonhapInfomax #InheritanceTax #KCCI #Audit #KimJeongGwan #HighNetWorthIndividuals #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  7. South Korea's Industry Minister Kim Jeong-gwan announced an official audit of the Korea Chamber of Commerce and Industry after the organization released disputed inheritance tax data, pledging reforms to restore public trust.
    #YonhapInfomax #InheritanceTax #KCCI #Audit #KimJeongGwan #HighNetWorthIndividuals #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  8. I really appreciate this video by @sarahtaber.bsky.social. It explains very well the #usa #familyfarm situation, and I think her ideas work pretty well for #Canada too, particularly on how we got #megafarms on the #prairies, and who actually controls them.
    #wealth #property #inheritancetax #canpoli #abpoli
    youtu.be/YVnJ8LLGPsY

  9. CW: UK Politics

    Don't worry if you're struggling with the cost of living crisis, folks. The government has given the old Magic Money Tree another shake and has found some spare cash.

    So of course they're going to spend it on...

    ... tax breaks for millionnaires.

    bbc.co.uk/news/articles/c8e9n3

    #UKPolitics #CostOfLivingCrisis #WealthyLandowners #InheritanceTax

  10. Switzerland weighs up a billionaire tax to help fight climate crisis.

    Switzerland, known as a haven for the super rich, will soon vote on whether to introduce a steep inheritance tax.

    This Sunday, 30 November, Swiss voters will decide whether to place a 50% inheritance tax on bequests and inheritances above 50 million CHF (€53.57mn).

    mediafaro.org/article/20251126

    #Tax #Billionaires #InheritanceTax #Inequality #Wealth #Rich #Switzerland #Politics #Referendum

  11. Rachel Reeves will cement her deep unpopularity and won’t be forgiven by the public if she tinkers inheritance tax allowances, warns the CEO of one of the world’s largest independent financial advisory organisations

    dmarketforces.com/uk-finance-m

    #UK #InheritanceTax

  12. Samsung family members successfully completed a major block sale of Samsung Electronics and Samsung Life shares, raising over $1.5 billion to fund inheritance tax payments, as global investors participated in the deal amid strong market performance for both stocks.
    #YonhapInfomax #SamsungElectronics #BlockDeal #InheritanceTax #SamsungLifeInsurance #GlobalInvestors #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  13. Samsung family members successfully completed a major block sale of Samsung Electronics and Samsung Life shares, raising over $1.5 billion to fund inheritance tax payments, as global investors participated in the deal amid strong market performance for both stocks.
    #YonhapInfomax #SamsungElectronics #BlockDeal #InheritanceTax #SamsungLifeInsurance #GlobalInvestors #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  14. Samsung family members successfully completed a major block sale of Samsung Electronics and Samsung Life shares, raising over $1.5 billion to fund inheritance tax payments, as global investors participated in the deal amid strong market performance for both stocks.
    #YonhapInfomax #SamsungElectronics #BlockDeal #InheritanceTax #SamsungLifeInsurance #GlobalInvestors #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  15. Samsung family members successfully completed a major block sale of Samsung Electronics and Samsung Life shares, raising over $1.5 billion to fund inheritance tax payments, as global investors participated in the deal amid strong market performance for both stocks.
    #YonhapInfomax #SamsungElectronics #BlockDeal #InheritanceTax #SamsungLifeInsurance #GlobalInvestors #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  16. Karisma Kapoor refused Sunjay Kapur’s offer to give up Indian passport for Portuguese citizenship; here’s why

    Sunjay Kapur and Karisma Kapoor finalised their divorce in 2016. The battle over late businessman Sunjay Kapur’s ₹30,000…
    #NewsBeep #News #Personalfinance #Business #Delhihighcourt #Finance #Inheritancetax #KarismaKapoor #PersonalFinance #Portuguesecitizenship #SunjayKapur #sunjaykapurkarismakapoor #UK #UnitedKingdom
    newsbeep.com/uk/131602/

  17. having a standard of living that we had, let alone what the boomers had.

    It is hard to see past all the Instagram / social media posts "selling" a glamorous lifestyle. But hopefully we can, and hopefully before it is too late, the gen Zs and Alphas will convince their parents and grand parents to give away all their assets to their entire generation (not just to them)

  18. @ChrisMayLA6 If my parents give me a large quantity of money in their old age, should I be taxed upon it? Should gifts in general be taxable?

    (In Canada, FWIW, neither inheritance nor gifts are taxed as income for the recipient -- but they may be taxed as capital gains for the giver. I had to look that up.)

    #CanPol #cdnpoli #InheritanceTax

  19. Given the discussion of the fairness of inheritance tax is bubbling up again, I just want to make the point that it is not 'double taxation';

    Inheritance tax is levied on the recipient of the inheritance, who by definition has paid no tax on this wealth as it is not theirs, it is a gift (albeit an expected one);

    yes, the estate is liable, but that estate has passed 'ownership' and its new owners are receiving a lump sum which they haven't earned nor paid tax on!

    #InheritanceTax #politics

  20. A quotation from Teddy Roosevelt

    No man should receive a dollar unless that dollar has been fairly earned. Every dollar received should represent a dollar’s worth of service rendered — not gambling in stocks, but service rendered. The really big fortune, the swollen fortune, by the mere fact of its size acquires qualities which differentiate it in kind as well as in degree from what is possessed by men of relatively small means. Therefore, I believe in a graduated income tax on big fortunes, and in another tax which is far more easily collected and far more effective — a graduated inheritance tax on big fortunes, properly safeguarded against evasion and increasing rapidly in amount with the size of the estate.

    Theodore Roosevelt (1858-1919) American politician, statesman, conservationist, writer, US President (1901-1909)
    Speech (1910-08-31), “The New Nationalism,” John Brown Memorial Park dedication, Osawatomie, Kansas

    Sourcing, notes: wist.info/roosevelt-theodore/1…

    #quote #quotes #quotation #qotd #tr #teddyroosevelt #theodoreroosevelt #deservedness #dividends #earnings #fortune #incometax #inheritance #inheritancetax #interest #investment #labor #oligarchy #onepercent #service #wealth #work #taxation

  21. Inheritance tax. Some people are for it, some are against it.
    I've read an article that says the majority of inheritance receivers are at age 45-55, when the inheritance has already lost its purpose and is simply an additional income. And young people who actually would greatly benefit from their inheritance, usually do not receive it (parents still alive and kicking) or have to pay huge tax.
    So my thought: why not to make tax according to the recipients age? 0-18 years old - 0% tax, and every year to add 1% with the cap of 30%. Then some poor student of 25 would pay 7% tax, and people from 48 would pay the usual 30% (or some approximate sum, I don't exactly remember the number).

    #taxes #inheritance #inheritancetax

  22. People Power Party candidate Kim Moon-soo proposes comprehensive tax reforms, including price indexation for income tax and corporate tax rate reduction, aiming to alleviate middle-class tax burden and boost economic competitiveness.
    #YonhapInfomax #TaxReform #MiddleClassRelief #CorporateTaxRate #InheritanceTax #PeoplesPowerParty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV