sponge taxes
sponge taxes is the plural of sponge tax.
Meaning of sponge tax
Noun
sponge tax (plural sponge taxes)
- An estate tax imposed by a state that was credited against the federal estate tax, raising revenue for a state without increasing the overall tax burden.
- Following various versions of the Massachusetts estate tax in response to the changes in the Internal Revenue Code, in 2002, the Legislature amended § 2A to use a "sponge tax" calculation based upon the Federal credit for State death taxes that would have been allowable to a decedent's estate in...2020, Elspeth B. Cypher writing for the Supreme Judicial Court of Massachusetts in Shaffer v. Commissioner of Revenue, case number SJC 12812https://www.mass.gov/files/documents/2020/07/10/q12812.pdf
Questions about sponge taxes
- What is sponge taxes the plural of?
- Sponge taxes is the plural of sponge tax.
Words near sponge taxes in the dictionary
Source and license
Adapted from Wiktionary: sponge taxes (page history and authors); sponge tax (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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