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Q: Which of these is an example of a tax on wealth?
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Is an example of a tax on wealth?

The estate tax is the best example.


Is wealth tax a direct tax or indirect tax?

direct tax


What are the WEALTH tax rates in Pakistan for 2010?

Wealth Tax has been abolished in Pakistan since 2002.


What are examples of direct tax?

The two examples of direct tax is Income tax and Wealth tax.


What are the three types of taxes?

Income Tax, Sales Tax (VAT), Wealth Tax


What is property criteria for obc creamy lear?

A family can hold wealth below Rs. 30 lakhs value without paying wealth tax. Above this limit children are creamy layer. Exemptions from wealth tax are available in central government "wealth tax act".


What are two examples of direct tax?

The two examples of direct tax is Income tax and Wealth tax.


What type of tax is wealth tax?

The assets owned by a private person are subject to wealth tax, when the assets are transferred to the beneficiary. The wealth tax are used by the state in order to redistribute wealth in society . In the UK, at different times , it was called variously: the estate duty, tax on transfer of capital (capital transfer tax) and currently existing inheritance tax . Assets ( real estate, stocks , bonds, etc. ), the value of which does not exceed 250 thousand , are not subject to taxation . The wealth tax is charged on the basis of a flat tax rate of 40% with the assets whose value is above of 250 thousand.


What has the author Sajjad Hassan written?

Sajjad Hassan has written: 'Wealth tax made easy' -- subject(s): Law and legislation, Wealth tax


Would a stamp collection be considered in a wealth tax?

There is no such thing as a Wealth Tax in the United States. Please let me know what you are actually asking and I will try to help you.


What is duty (as in tax)?

Tax is a broad term & duty is a part of tax.......Tax levied on person, product, services & assets for example-INCOME TAX levied on person,VAT levied on sale of products,SERVICE TAX levied on providing taxable services, WEALTH TAX levied on assets..........Genrally DUTY levieble on goods for example-EXICE DUTY levieble on manufaturing of goods, CUSTOM DUTY levieble on import & exports of goods...........................Sachin gupta from jhalawar (RAJASTHAN)


What has the author Shri Ram Bhargava written?

Shri Ram Bhargava has written: 'All about penalties in income-tax & wealth-tax matters' -- subject(s): Income tax, Law and legislation, Wealth tax 'Income-tax pleadings, conveyancing, and practice' -- subject(s): Conveyancing, Income tax, Law and legislation