Switzerland’s government rejected a proposal to jack up inheritance taxes on the super rich, diminishing the chances of the plan passing in a national vote.
Not if they made it a point to split ownership with those alive before they died. Its not really all that hard its mostly a greed and control thing. Farm with two parents and three kids could have each parent with a 35% ownership stake and 10% for each kid but if both parents died it would be a severe tax day. If they did 20% a piece then if the kids were older they could buy out what was left and the parents could sell of theirs as they got older to avoid the tax. That being said I could see some allowed inheritance level like a million.
That would destroy a lot of family business like farms.
Not if they made it a point to split ownership with those alive before they died. Its not really all that hard its mostly a greed and control thing. Farm with two parents and three kids could have each parent with a 35% ownership stake and 10% for each kid but if both parents died it would be a severe tax day. If they did 20% a piece then if the kids were older they could buy out what was left and the parents could sell of theirs as they got older to avoid the tax. That being said I could see some allowed inheritance level like a million.