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。

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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。

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The increase in other federal government tax revenue would more than offset the decline in the estate tax portion of the estate and gift tax.

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

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So will both the estate tax and the gift tax be repealed ?

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