Changes in Transfer Tax on Estates at Death Become Effective Tomorrow
Changes to transfer tax rates on estates at death, become effective tomorrow (June 1), as announced by Finance and Planning Minister, Dr. Omar Davies during his budget presentation in Parliament in April. As a result, at death there will be no tax on the first $100,000.00 value of the estate to be transferred. Thereafter, amounts over $100,000.00 will be at...