Definition for capital transfer tax - Oxford Dictionaries Online (World English)

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	capital transfer tax (cap\|ital trans\|fer tax) (abbreviation: CTT) noun [mass noun] (in the UK) a tax levied on the transfer of capital by gift or bequest (replaced in 1986 by inheritance tax): gifts to charities were exempted from capital transfer tax		More words in this category adaptive expectations hypothesis conversion factor demassify depression diseconomy disinflation dump informal infrastructure monopoly capitalism output gap poll tax positional goods project property tax public purse ratepayer recession taxation Nearby Words capital gain capital gains tax capital goods capital levy capital market capital punishment capital ship capital sum capital territory capital transfer tax capital-intensive capitalism capitalist capitalization capitalize capitano capitate capitation Capitol