Is it worthwhile to reintroduce Estate Duty or Inheritance Tax?

However, is it worthwhile?

13 countries in the last 20 years have repealed their inheritance tax. Reason is obvious. Its revenue and purpose overweight the compliance cost andadministrative efficiency.

Recently, Macau and Hong Kong have also repealed it.

List of 13 Countries that has repealed the Inheritance Tax are as under:

 

Country or Jurisdiction	Year of Repeal
Macau	2001
Portugal	2004
Slovak Republic	2004
Sweden	2005
Russia	2005
Hong Kong	2006
Hungary[7]	2006
Singapore	2008
Austria	2008
Liechtenstein	2011
Brunei	2013
Czech Republic	2014
Norway	2014