Assertion: inheritance | /r/HasProperty | exempt
Facets:
value: from capital gains tax
type: OTHER
value: generally
type: DEGREE
Source sentences:
text: Iowa: Inheritance is exempt if passed to a surviving spouse, parents, or grandparents, or to children, grandchildren, or other "lineal" descendants.
text: When a jurisdiction has both capital gains tax and inheritance tax, inheritances are generally exempt from capital gains tax.