List of countries by inheritance tax rates

This is the list of countries by inheritance tax rates. Inheritance tax or estate tax is the tax levied upon the wealth of a person at the time of his/her death before it is passed on to their heirs.[1][2]

List

Country Top Rate
Belgium 80%[3]
Japan 55%[4]
Georgia 0%[5]
South Korea 50%[6]
Germany 50%[7]
France 5–60%[8]
United Kingdom 40%
United States 40%[9]
Netherlands 40%[10]
Ecuador 35%[11]
Spain 34%
Ireland 33%
Chile 25%
South Africa 25%[12]
Greece 20%
Taiwan 20%[13]
Finland 19%
Ukraine 18%
Denmark 15%
Iceland 10%
Turkey 1–30%[14]
Vietnam 10%[15]
Brazil 8%[16]
Poland 7%
Switzerland (Federal) 0%[17]
Philippines 6%[18]
Croatia 5%
Italy 4%
Australia 0%
Austria 0%
Canada 0%
China 0%[19]
Estonia 0%
Hong Kong 0%
Hungary 18%[20]
India 0%
Israel 0%
Luxembourg 0%
Malta 0%
Mexico 0%
New Zealand 0%
Norway 0%[17]
Pakistan 0%
Portugal 0%
Russia 0%[21]
Serbia 0%
Singapore 0%[22]
Slovak Republic 0%
Slovenia 0%
Sweden 0%

References

  1. ^ "Worldwide Estate and Inheritance Tax Guide 2019" (PDF). Ernst & Young. Retrieved 16 March 2020.
  2. ^ "Estate and Inheritance Taxes around the World". Tax Foundation. 17 March 2015. Retrieved 16 March 2020.
  3. ^ "Progressive inheritance tax rates in Belgium". expatica.com.
  4. ^ "Taxing inheritances is falling out of favour". Economist.com.
  5. ^ "Inheritance and gift tax rates". taxsummaries.pwc.com. Retrieved 2024-05-16.
  6. ^ "Investors must beware of high Korean inheritance tax". AsiaTimes.com. 24 March 2020.
  7. ^ "§19 ErbStG Steuersätze". gesetze-im-Internet.de.
  8. ^ Murray, Dominic James (2021-09-02). "Inheritance Tax France - Ultimate Guide". Cameron James Expat Financial Advice. Retrieved 2024-05-16.
  9. ^ "Death Taxes". Investopedia.com.
  10. ^ "Tarieven erfbelasting 2023 - overzicht met percentages". belastingdienst.nl.
  11. ^ "Estate and Inheritance Taxes around the World". TaxFoundation.com. 17 March 2015.
  12. ^ "Estate duty". sars.gov.za. 4 February 2021.
  13. ^ "Estate and gift tax rates increased". taxathand.com.
  14. ^ "Turkey - Individual - Other taxes". taxsummaries.pwc.com. Retrieved 2024-05-16.
  15. ^ "Inheritance and Gift Taxes in Vietnam" (PDF). IMF.org.
  16. ^ "Inheritance tax and inheritance law in Brazil". GlobalPropertyGuide.com. 20 August 2021.
  17. ^ "Inheritance tax". ch.ch – Offizielle Informationen der Schweizer Behörden. Retrieved 2024-05-16.
  18. ^ "Estate Tax in the Philippines - Bureau of Internal Revenue". bir.gov.ph.
  19. ^ "Talk of Inheritance Tax Sparks Debate in China". wsj.com.
  20. ^ "Hungary - Individual - Other taxes". taxsummaries.pwc.com. Retrieved 2024-05-16.
  21. ^ "Inheritance and estate taxes in Russia". expatica.com.
  22. ^ "Inheritance tax and inheritance law in Singapore". GlobalPropertyGuide.com. 25 February 2020.
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