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List of countries by inheritance tax rates

From Wikipedia, the free encyclopedia

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][3]

List

[edit]
Country Top Rate
Belgium 80%[4]
Japan 55%[5]
Georgia 0%[6]
South Korea 50%[7]
Germany 50%[8]
France 5–60%[9]
United Kingdom 40%
United States 40%[10]
Netherlands 40%[11]
Ecuador 35%[12]
Spain 34%
Ireland 33%
Chile 25%
South Africa 25%[13]
Greece 20%
Taiwan 20%[14]
Finland 19%
Ukraine 18%
Denmark 15%
Iceland 10%
Turkey 1–30%[15]
Vietnam 10%[16]
Brazil 8%[17]
Poland 7%
Switzerland (Federal) 0%[18]
Philippines 6%[19]
Croatia 5%
Italy 4%
Australia 0%
Austria 0%
Canada 0%
China 0%[20]
Estonia 0%
Hong Kong 0%
Hungary 18%[21]
India 0%
Israel 0%
Luxembourg 0%
Malta 0%
Mexico 0%
New Zealand 0%
Norway 0%[17]
Pakistan 0%
Portugal 0%
Russia 0%[22]
Serbia 0%
Singapore 0%[23]
Slovak Republic 0%
Slovenia 0%
Sweden 0%

References

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