Wednesday, February 09, 2011 NEET Tips
NEET Tips answers questions posed online to the NEET website
How much is the Vermont estate tax?
The Vermont estate tax is a graduated rate on a decedent’s taxable estate exceeding $2.75 million in 2011. For decedents dying in 2012, the threshold is scheduled to rise to $3.5 million. The graduated rate starts at less than one percent for taxable amounts below $90,000, and rises steadily in increments until it tops out at 16 percent for taxable amounts above $10.04 million. |