An Outline of the Legislation: The History, Purposes and Features of Estate and Gift Duties
ESSAYS ON THE ESTATE AND GIFT DUTIES ACT 1968, ILM Richardson, ed., Sweet & Maxwell, Wellington, 1969
Victoria University of Wellington Legal Research Paper Series Richardson Paper No. 15
12 Pages Posted: 21 Jun 2013 Last revised: 15 Feb 2015
Date Written: 1969
Abstract
In this chapter, the author canvasses the history of estate and gift duties law before identifying the purposes of the duties as instruments of social and economic policy. The chapter next examines aspects of the duties in more detail, including when and how the duties are charged, certain exemptions from the duties, and how the duties are valued and administered under the Estate and Gift Duties Act of 1968.
Keywords: estate duty, gift duty, Estate and Gift Duties Act of 1968
JEL Classification: H20, H24, K34
Suggested Citation: Suggested Citation