Vicesima hereditatium

The Vicesima hereditatium was a Roman 5% tax on inheritance money.

History

No inheritance tax was recorded for the Roman Republic, despite abundant evidence for testamentary law. The vicesima hereditatium ("twentieth of inheritance") was levied by Rome's first emperor, Augustus, in the last decade of his reign.[1] The 5% tax applied only to inheritances received through a will, and close relatives were exempt from paying it, including the deceased's grandparents, parents, children, grandchildren, and siblings.[2] The question of whether a spouse was exempt was complicated—from the late Republic on, husbands and wives kept their own property scrupulously separate, since a Roman woman remained part of her birth family and not under the legal control of her husband.[3] Roman social values on marital devotion probably exempted a spouse.[4] Estates below a certain value were also exempt from the tax, according to one source,[5] but other evidence indicates that this was only the case in the early years of Trajan's reign.[6]

gollark: > !quote An esolang where variables are filesYes, I SAW that, I was ADDING SOME EXTRA POSSIBILITIES.
gollark: They exist in a directory tree, you can symlink them, stat them, list directories of them, and whatever else.
gollark: How about: variables are files™ and you can do file-y operations on them?
gollark: No, Mediawiki's limits on HTML embedding are quite apiological.
gollark: I like it, but it might be impractical as we would need to cooperate somehow with the esowiki admins.

References
  1. Jane Gardner, "Nearest and Dearest: Liability to Inheritance Tax in Roman Families," in Childhood, Class and Kin in the Roman World pp. 205, 213.
  2. Gardner, "Liability to Inheritance Tax," pp. 205, 211.
  3. Gardner, "Liability to Inheritance Tax," p. 214; see further Bruce W. Frier and Thomas A.J. McGinn, A Casebook on Roman Family Law (Oxford University Press, 2004), pp. 19–20, and Beryl Rawson, "The Roman Family in Italy" (Oxford University Press, 1999), p. 15–18.
  4. Gardner, "Liability to Inheritance Tax," p. 214.
  5. Cassius Dio 55.25.5.
  6. Gardner, "Liability to Inheritance Tax," p. 205.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.