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[edit]
| Country | Top Rate |
|---|---|
| Belgium | 80%[3] |
| Japan | 55%[4] |
| South Korea | 50%[5] |
| Germany | 50%[6] |
| France | 45% |
| United Kingdom | 40% |
| United States | 40%[7] |
| Netherlands | 40%[8] |
| Ecuador | 35%[9] |
| Spain | 34% |
| Ireland | 33% |
| Chile | 25% |
| South Africa | 25%[10] |
| Greece | 20% |
| Taiwan | 20%[11] |
| Finland | 19% |
| Ukraine | 18% |
| Denmark | 15% |
| Iceland | 10% |
| Turkey | 10% |
| Vietnam | 10%[12] |
| Brazil | 8%[13] |
| Poland | 7% |
| Switzerland | 7% |
| Philippines | 6%[14] |
| Croatia | 5% |
| Italy | 4% |
| Australia | 0% |
| Austria | 0% |
| Canada | 0% |
| China | 0%[15] |
| Estonia | 0% |
| Hong Kong | 0% |
| Hungary | 0% |
| India | 0% |
| Israel | 0% |
| Luxembourg | 0% |
| Malta | 0% |
| Mexico | 0% |
| New Zealand | 0% |
| Norway | 0%[17] |
| Pakistan | 0% |
| Portugal | 0% |
| Russia | 0%[16] |
| Serbia | 0% |
| Singapore | 0%[17] |
| Slovak Republic | 0% |
| Slovenia | 0% |
| Sweden | 0% |
References[edit]
- ^ "Worldwide Estate and Inheritance Tax Guide 2019" (PDF). Ernst & Young. Retrieved 16 March 2020.
- ^ "Estate and Inheritance Taxes around the World". Tax Foundation. 17 March 2015. Retrieved 16 March 2020.
- ^ "Progressive inheritance tax rates in Belgium". expatica.com.
- ^ "Taxing inheritances is falling out of favour". Economist.com.
- ^ "Investors must beware of high Korean inheritance tax". AsiaTimes.com. 24 March 2020.
- ^ "§19 ErbStG Steuersätze". gesetze-im-Internet.de.
- ^ "Death Taxes". Investopedia.com.
- ^ "Tarieven erfbelasting 2023 - overzicht met percentages". belastingdienst.nl.
- ^ "Estate and Inheritance Taxes around the World". TaxFoundation.com. 17 March 2015.
- ^ "Estate duty". sars.gov.za. 4 February 2021.
- ^ "Estate and gift tax rates increased". taxathand.com.
- ^ "Inheritance and Gift Taxes in Vietnam" (PDF). IMF.org.
- ^ "Inheritance tax and inheritance law in Brazil". GlobalPropertyGuide.com. 20 August 2021.
- ^ "Estate Tax in the Philippines - Bureau of Internal Revenue". bir.gov.ph.
- ^ "Talk of Inheritance Tax Sparks Debate in China". wsj.com.
- ^ "Inheritance and estate taxes in Russia". expatica.com.
- ^ "Inheritance tax and inheritance law in Singapore". GlobalPropertyGuide.com. 25 February 2020.