generation-skipping transfer tax

noun

Legal Definition of generation-skipping transfer tax

: a transfer tax on a generation-skipping transfer

called also generation-skipping tax

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Cite this Entry

“Generation-skipping transfer tax.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/generation-skipping%20transfer%20tax. Accessed 20 Sep. 2020.

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