The American estate tax and gift tax reflect an entire condition of the developed countries.

美国的遗产税和赠与税在很大程度上反映了西方发达国家的总体现状。

youdao

To compensate for these reductions, they increased the maximum estate tax from 25 to 40 per cent and imposed a new gift tax.

为补偿这些削减，他们将最高财产税从百分之二十五增为百分之四十，并征收一种新的馈赠税。

youdao

Both the size of the figure and the gift and estate tax parity were huge surprises.

FORBES: Buyer's Remorse? How About Year-End Gift Remorse!

It is important to note that the tests for income tax residence and transfer tax (gift and estate tax) residence are quite different.

FORBES: Renouncing One's US Citizenship -- Meaningful Trend Or Visceral Overreaction?

Such expenses, however, are in essence deductible from another American tax, and the largest single one facing the Romneys: the gift and estate tax.

CNN: Why do the Romneys pay so little in taxes?