Postgraduate tuition fees in Canada. If you want to study at postgraduate level, the tuition fees are generally higher, and again vary depending on your program. As is the case worldwide, executive MBA programs are generally the most expensive, averaging around CA$42,000 (~US$32,000).
The estate of the person who died usually pays Inheritance Tax. You may need to pay Inheritance Tax if the estate canât or doesnât pay it. You may need to pay Inheritance Tax on a gift the person gave you in the 7 years before they died.You may also need to pay it if your inheritance is put into a trust and the trust canât or doesnât pay.If the will says the Inheritance Tax should be paid out of the assets youâve inherited, the executor of the will or administrator of the estate will usually pay it.HM Revenue and Customs (.ou may need to pay Inheritance Tax on a gift the person gave you in the 7 years before they died. You may also need to pay it if your inheritance is put into a trust and the trust canât or doesnât pay.
For example, a state may charge a 5 percent tax on all inheritances larger than $2 million. Therefore, if your friend leaves you $5 million in his will, you only pay tax on $3 million, which is $150,000. The state would require you to report this information on an inheritance tax form.nheritance tax exemptions. Depending on your relationship to the decedent, you may receive an exemption or reduction in the amount of inheritance tax you must pay. For example, most states exempt a spouse from the tax when they inherit the property from another spouse.