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#807806 - 15th Jul 20135:14pmRe: Council Agree New Death Tax
If your assets are disposed after death there is no capital gains tax to pay but if you suffered capital gains tax prior to death the estate has to pay the tax. Other debts come out of deceased estate after funeral expenses if nothing left family do not have to pay the debts which is were the misunderstanding that your debts die with you comes from.