In France, Inheritance Is a Privilege, Not a Right: What the Wine Inheritance Tax Means for Estates
In the 1930s and 1940s, French winemaking families could easily pay off even the steepest wine inheritance tax within one harvest season. Today, paying off inheritance taxes on vineyards can take 10 years or more on family-run estates. Domaine Armand Rousseau’s Eric Rousseau explains, “It’s even more crippling for domaines that have difficulty selling their…