Estate tax in the United States maximum allowable credit is $2 million for that year, so the taxable value is therefore $1.5 million. Since it is 2006, the tax rate on that $1.5 million is 46%, so the total taxes paid would be $690,000. Each beneficiary will receive $1,000,000 of untaxed inheritance and $405,000 from the taxable portion of their inheritance for a total of $1,405,000. This means the estate would have paid a taxable rate of 19.7%. As shown, the 2001 tax act would have repealed the estate tax for one year (2010) and would then have readjusted it in 2011 to the year 2002
Greyhound racing in the United Kingdom Greyhound racing in the United Kingdom Greyhound racing used to be a popular industry in Great Britain with attendances peaking in 1946 at around 70 million and totalisator turnover reaching £196,431,430. Current attendances have declined to less than 2 million in 2017. There are currently 21 licensed stadiums in Britain and 5 independent stadiums (unaffiliated to a governing body). The industry use a Parimutuel betting tote system with on-course and off-course betting available, with a turnover of £75,100,000. Greyhound racing as it is seen today has evolved from a form of hunting called coursing, in which a dog runs after