Estate Tax Gone for 2010, but Retailers Left in Limbo

The good news for food retailers is that the estate tax has officially been repealed. The bad news is that nobody knows how long it will last or what form it might take when it does return. As 2009 came to a close last week, the estate tax a 45% levy on inherited wealth that impacts family-owned businesses was officially repealed, thanks to legislation enacted in 2001. However, it is slated

WASHINGTON — The good news for food retailers is that the estate tax has officially been repealed. The bad news is that nobody knows how long it will last — or what form it might take when it does return.

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