Pennsylvania Inheritance tax
Pennsylvania imposes a tax on assets passing to a beneficiary. The rate of the tax depends on the relationship of the beneficiary to the decedent (the person who has died). This type of tax differs from an estate tax such as that imposed by the Internal Revenue Service on certain larger estates. An estate tax is imposed on the entire estate regardless of the relationship of the persons who benefit from the estate. Only large estates are taxed by the Internal Revenue Service (currently estates having a value at the date of death exceeding $5.43 million).