Major Vermont Taxes

Estate and Gift Taxes

Gift Tax –
There is no Vermont gift tax.

Estate Tax –
Decedent’s date of death prior to January 1, 2002: The Vermont estate tax is equal to the maximum Federal credit for state death taxes paid.

Decedent’s date of death on or after January 1, 2002: The Vermont estate tax is equal to the amount of state death tax credit allowed by federal estate tax law in effect on January 1, 2001. Vermont allows the rise in exemption amounts as a result of the Economic Growth and Tax Relief and Reconciliation Act of 2001. The current Vermont tax rates on generation-skipping transfers remain the same.

E-Mail the Estate Tax Unit

Tax Types :
- Business Entity Income Tax
- Cigarette and Tobacco Taxes
- C Corporation Income Tax
- Estate and Gift Taxes
- Fiduciary Tax
- Franchise Tax
- Fuel Gross Receipts / Petroleum Distributor
- Individual Income Tax
- Land Gains and Real Estate Withholding
- Meals and Rooms Tax
- Motor Vehicle Tax
- Property Tax
- Property Transfer Tax
- Sales and Use Tax