Thread: AU Productivity Comm says unblock AU and stop rewarding DRM holders in grave!
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Old 05-08-2016, 05:45 AM   #86
John F
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Quote:
Originally Posted by HarryT View Post
Interesting, thanks. This is the part of interest to this discussion:



However, it also notes that, in US law, the first $5m of an estate is free from inheritance tax, meaning that very, very few people pay it. In the UK, by comparison, the amount is £325,000, meaning that many people who own a house will be liable to it, given rises in house prices in recent decades.
For 2015, the U.S. federal exemption was $5.43m.
Last edited by John F; 05-08-2016 at 05:46 AM. Reason: added "federal"
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