IT meaning in Business ?

Answer:

What is Inheritance Tax mean?

An inheritance tax is a tax paid by a person who inherits money or property of a person who has died, whereas an estate tax is a levy on the estate (money and property) of a person who has died.

International tax law distinguishes between an estate tax and an inheritance tax—an estate tax is assessed on the assets of the deceased, while an inheritance tax is assessed on the legacies received by the estate's beneficiaries. However, this distinction is not always observed; for example, the UK's "inheritance tax" is a tax on the assets of the deceased, and strictly speaking is therefore an estate tax.

For historical reasons, the term death duty is still used colloquially (though not legally) in the UK and some Commonwealth countries. For political, statutory and other reasons, the term death tax is sometimes used to refer to estate tax in the United States.

reference

Full Form	Category
Information Theory	Academic & Science
Institute of Technology	Academic & Science
Isomeric Transition	Academic & Science
Incompleteness Theorem	Academic & Science
Integrity Test	Academic & Science
Inflation Targeting	Academic & Science
Information Technician	Academic & Science
Gartner Group, Inc.	Business
International Trade	Business
Imagination Technology	Business
International Tendering	Business
Inheritance Tax	Business
Gartner	Business
Intermediate Trunk	Computer and Networking
Internet Troll	Computing
Is The	Computing
IT = Instructional Technology Technology used to provide instruction.	Computing
Information Trickery	Computing
Indian Thoughts	Computing
Integration Testing	Computing
Italy	Country Names
Infinity Token	Cryptocurrency
IDCM Token	Cryptocurrency
Impulse Tracker Music File	File Type
Intalk Settings File	File Type
Impotent Technician	General
In Trousers	General
Ion Of The	General
Is Not The	General
Iced Tea	General
Information The	General
Interim Tool	General
ion of TWAIN	General
Is the Theme	General
in the	General
Is Typically	General
ion to	General
ion into	General
Innovation and Transformation	General
Ical Times	General
Is Often	General
Infraction Traffic	Governmental
Immediate Task	Governmental
ITT or ITT Kellogg	Governmental
Individual Transportation	Governmental
International Terrorism	Governmental
Income Tax	Governmental
Information Technology	Information Technology
Italyanca	International
Internet Technology	Internet
I'm Trash	Internet
Individual Therapy	Medical
Inhalation Therapy	Medical
Intensive Therapy	Medical
Idiopathic Thrombocytopenia	Medical
iliotibial	Medical
Immature Teratoma	Medical
Immune Tolerance	Medical
immunotoxin	Medical
Induction Therapy	Medical
Inferior Temporal	Medical
Inferior Turbinate	Medical
inferotemporal	Medical
Insulin Therapy	Medical
Intention Tremor	Medical
Intermediate Trophoblast	Medical
Intermittent Traction	Medical
Interstitial Tissue	Medical
intertrochanteric	Medical
Intradermal Test	Medical
Ischial Tuberosity	Medical
I Think	Messaging
Is There ....	Messaging
International Tour	Messaging
Induction Training	Military and Defence
Innovative Tests	Military and Defence
Interoperability Testing	Military and Defence
Information Transport	Military and Defence
Italian	Regional
Indent Tab	Softwares
Identification Transponder	Space Science
Installation Test	Space Science
Indoor Track	Sports
Iran Time [utc + 0300]	Time