Don’t miss the latest developments in business and finance.

A global experiment

Image
Business Standard New Delhi
Last Updated : Jan 20 2013 | 6:29 AM IST

The inheritance tax has caused heartburn in many countries, even forcing billionaires' children to migrate to avoid paying the tax. One such case, reported by Reuters, is that of the Rausings, inheritors of the Tetra Pak packaging fortune, who moved to England three decades ago to avoid paying high Swedish inheritance tax. Sweden has since abolished the tax. (Click on graphic)

More From This Section

First Published: Nov 25 2012 | 12:00 AM IST

Next Story