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Inheritance and gift tax rates
Headline rates for WWTS territories
The headline inheritance and gift rates are generally the highest statutory rates.
This table provides an overview only.
See the territory summaries for more detailed information.
| Territory | Headline inheritance tax rate (%) | Headline gift tax rate (%) |
|---|---|---|
| Albania (Last reviewed 05 July 2024) | 15 | 15 |
| Algeria (Last reviewed 31 May 2024) | 5 | 5 |
| Angola (Last reviewed 18 December 2024) | 0.5% to 1% when the transmission occurs between spouses or in favour of descendants and ascendants; 1% to 2% when the transmission occurs between other persons. |
0.5% to 1% when the transmission occurs between spouses or in favour of descendants and ascendants; 1% to 2% when the transmission occurs between other persons. |
| Argentina (Last reviewed 13 May 2024) | NA at federal level. The province of Buenos Aires has gift and inheritance taxes based on certain conditions and amounts. | NA at federal level. The province of Buenos Aires has gift and inheritance taxes based on certain conditions and amounts. |
| Armenia (Last reviewed 17 July 2024) | NA | NA |
| Australia (Last reviewed 16 December 2024) | NA | NA |
| Austria (Last reviewed 04 July 2024) | NA | NA |
| Azerbaijan (Last reviewed 17 September 2024) | Exempted if received by immediate family members; otherwise, 25%. | Exempted if received by immediate family members; otherwise, 25%. |
| Bahrain (Last reviewed 20 March 2024) | NA | NA |
| Barbados (Last reviewed 28 August 2024) | NA | NA |
| Belgium (Last reviewed 28 August 2024) | Inheritance tax rate varies depending on the region, the value of the assets inherited, and the relationship between the deceased and the beneficiary. | Gift tax rates vary based on the region where the gift is registered and range between 3% and 7%. |
| Bermuda (Last reviewed 01 April 2024) | NA | NA |
| Bolivia (Last reviewed 17 September 2024) | 1 / 10 / 20 | 1 / 10 / 20 |
| Bosnia and Herzegovina (Last reviewed 23 August 2024) | NP | NP |
| Botswana (Last reviewed 19 April 2024) | 12.5 | 12.5 |
| Brazil (Last reviewed 29 October 2024) | 8 | 8 |
| Bulgaria (Last reviewed 11 June 2024) | Varies depending on category of the heir and the amount of the inheritance. | Donation tax due to the local municipalities in the range of 3.3% to 6.6%. |
| Cabo Verde (Last reviewed 13 August 2024) | NP | NP |
| Cambodia (Last reviewed 19 September 2024) | NA | NA |
| Cameroon, Republic of (Last reviewed 12 August 2024) | 5 | 20 |
| Canada (Last reviewed 10 December 2024) | NA | NA |
| Cayman Islands (Last reviewed 29 November 2024) | NA | NA |
| Chad (Last reviewed 12 August 2024) | NA | NA |
| Chile (Last reviewed 17 July 2024) | 25 | 25 |
| China, People's Republic of (Last reviewed 28 June 2024) | NA | NA |
| Colombia (Last reviewed 22 July 2024) | 15 | 15 |
| Congo, Democratic Republic of the (Last reviewed 15 October 2024) | NA | NA |
| Congo, Republic of (Last reviewed 27 July 2024) | NP | NP |
| Costa Rica (Last reviewed 04 September 2024) | Costa Rica does not have an inheritance tax. | Costa Rica does not have a gift tax. |
| Croatia (Last reviewed 28 June 2024) | 4 | 4 |
| Cyprus (Last reviewed 17 December 2024) | NA | Nil if up to a third degree relative. |
| Czech Republic (Last reviewed 01 July 2024) | NA | If taxable, the gift is subject to the normal PIT rate. |
| Denmark (Last reviewed 17 September 2024) | 15 / 36.25 / income tax (depending on specific circumstances) | 15 / 36.25 / income tax (depending on specific circumstances) |
| Dominican Republic (Last reviewed 29 November 2024) | 3 | 27 |
| Ecuador (Last reviewed 06 September 2024) | 37 | 37 |
| Egypt (Last reviewed 31 July 2024) | NA | NA |
| El Salvador (Last reviewed 20 September 2024) | NA | NA |
| Equatorial Guinea (Last reviewed 07 May 2024) | 10 | 5 |
| Estonia (Last reviewed 19 July 2024) | NA | NA |
| Eswatini (Last reviewed 15 August 2024) | NA | NA |
| Ethiopia (Last reviewed 14 August 2024) | NA | NA |
| Finland (Last reviewed 17 July 2024) | Tax rate depends on the value of the inheritance and the relationship between the beneficiary and the deceased. | Tax rate depends on the value of the gift and the relationship between the donee and the donor. |
| France (Last reviewed 18 March 2024) | 60 | 60 |
| Gabon (Last reviewed 04 March 2024) | NP | NP |
| Georgia (Last reviewed 20 June 2024) | NA | NA |
| Germany (Last reviewed 27 June 2024) | 50 | 50 |
| Ghana (Last reviewed 03 December 2024) | Inheritance tax is not expressly and separately provided for under the tax laws of Ghana. | Gift is included in the income of the individual and taxed at 25% for a non-resident and the marginal rate for a resident (highest of 35%); or 25% (upon election and the gift does not relate to business or employment). |
| Gibraltar (Last reviewed 25 September 2024) | NA | NA |
| Greece (Last reviewed 05 September 2024) | Category A: 10; Category B: 20; Category C: 40 |
Category A: 10; Category B: 20; Category C: 40 |
| Greenland (Last reviewed 02 December 2024) | NA | Gifts are taxable as ordinary income. |
| Guatemala (Last reviewed 12 December 2024) | NP | NP |
| Guernsey, Channel Islands (Last reviewed 18 December 2024) | NA | NA |
| Guyana (Last reviewed 14 October 2024) | NA | NA |
| Honduras (Last reviewed 18 July 2024) | NP | NP |
| Hong Kong SAR (Last reviewed 28 June 2024) | NA | NA |
| Hungary (Last reviewed 15 July 2024) | 18% (but a preferential 9% rate applies to residential property). Children, siblings, and spouses may receive the inheritance without tax. | 18% (but a preferential 9% rate applies to residential property). Children, siblings, and spouses may receive gifts without tax. |
| Iceland (Last reviewed 05 September 2024) | 10 | Gifts are taxable as ordinary income. |
| India (Last reviewed 17 December 2024) | NA | Taxable in the hands of recipient and subject to tax at normal slab rates. |
| Indonesia (Last reviewed 23 December 2024) | NA | NA |
| Iraq (Last reviewed 18 July 2024) | 6 (over IQD 90 million) | Not clear, but it may be subject to the normal PIT rate. |
| Ireland (Last reviewed 17 July 2024) | 33 | 33 |
| Isle of Man (Last reviewed 30 July 2024) | NA | NA |
| Israel (Last reviewed 17 September 2024) | NA | NA |
| Italy (Last reviewed 12 July 2024) | 8 | 8 |
| Ivory Coast (Côte d'Ivoire) (Last reviewed 20 November 2024) | NP | NP |
| Jamaica (Last reviewed 02 August 2024) | There is no inheritance tax. However, there is a 1.5% transfer tax on death on estates valued in excess of JMD 10 million. | NA |
| Japan (Last reviewed 09 July 2024) | 55 | 55 |
| Jersey, Channel Islands (Last reviewed 22 July 2024) | There is no inheritance tax. However, probate stamp duty is charged on a deceased person's moveable estate up to 0.75% (capped at GBP 100,000). | NA |
| Jordan (Last reviewed 03 June 2024) | NA | NA |
| Kazakhstan (Last reviewed 02 December 2024) | NA | NA |
| Kenya (Last reviewed 11 July 2024) | NP | NP |
| Korea, Republic of (Last reviewed 23 December 2024) | 50 | 50 |
| Kosovo (Last reviewed 22 January 2024) | NA | Taxable as ordinary income (10%) unless exemptions apply. |
| Kuwait (Last reviewed 14 August 2024) | NA | NA |
| Kyrgyzstan (Last reviewed 25 July 2024) | NA | NA |
| Lao PDR (Last reviewed 20 August 2024) | NA | 5 |
| Latvia (Last reviewed 01 July 2024) | NA | Taxable as ordinary income unless exempt. |
| Lebanon (Last reviewed 19 July 2024) | 45 | 45 |
| Libya (Last reviewed 01 December 2024) | NA | NA |
| Liechtenstein (Last reviewed 09 June 2024) | NA | NA |
| Lithuania (Last reviewed 08 August 2024) | 10 | NA |
| Luxembourg (Last reviewed 22 August 2024) | NP | NP |
| Macau SAR (Last reviewed 18 December 2024) | NA | NA |
| Madagascar (Last reviewed 17 September 2024) | NA | NA |
| Malawi (Last reviewed 17 September 2024) | NP | NP |
| Malaysia (Last reviewed 13 December 2024) | NA | NA |
| Malta (Last reviewed 24 September 2024) | Stamp duty may be due upon inheritance in respect of certain chargeable assets. | NA |
| Mauritania (Last reviewed 18 July 2024) | NA | NA |
| Mauritius (Last reviewed 16 December 2024) | NA | NA |
| Mexico (Last reviewed 26 July 2024) | Inheritances are treated as income under the income tax law and must be reported, but are generally tax exempt for tax residents. | Taxable to the recipient as ordinary income unless exempt (see the Mexico individual tax summary for more detail). |
| Moldova (Last reviewed 09 July 2024) | Patrimony received by Moldovan citizens by inheritance is not taxable. | NA (subject to general tax rules) |
| Mongolia (Last reviewed 24 July 2024) | NA | NA |
| Montenegro (Last reviewed 12 June 2024) | 3 | 3 - 6 (payable only on real estate gifts) |
| Morocco (Last reviewed 26 July 2024) | NP | NP |
| Mozambique (Last reviewed 13 August 2024) | 10 | 10 |
| Myanmar (Last reviewed 19 July 2024) | NA | NA |
| Namibia, Republic of (Last reviewed 17 December 2024) | NA | NA |
| Netherlands (Last reviewed 28 November 2024) | 40 | 40 |
| New Caledonia (Last reviewed 16 April 2024) | 50% between non-related parties or non-direct dependants (siblings). | 50% between non-related parties or non-direct dependants (siblings). |
| New Zealand (Last reviewed 20 December 2024) | NA | NA |
| Nicaragua (Last reviewed 19 December 2024) | 15 | 15 |
| Nigeria (Last reviewed 16 September 2024) | NA | NA |
| North Macedonia (Last reviewed 19 July 2024) | The inheritance tax rates are proportional and ranging between 0% and 5%, depending on the order of succession, and the rate depends on the decision of the relevant municipality. | The gift tax rates are proportional, ranging between 0% and 5%. The rate depends on the order of inheritance succession (if applicable) and the decision of the relevant municipality. |
| Norway (Last reviewed 01 July 2024) | NA | NA |
| Oman (Last reviewed 11 July 2024) | NA | NA |
| Pakistan (Last reviewed 18 December 2024) | NA | NA |
| Palestinian territories (Last reviewed 23 July 2024) | Inheritance is exempt from income tax. | Any taxable income from any source for any person is subject to the standard income tax rates. |
| Panama (Last reviewed 26 July 2024) | NA | NA |
| Papua New Guinea (Last reviewed 13 August 2024) | NA | NA |
| Paraguay (Last reviewed 31 May 2024) | NA | NA |
| Peru (Last reviewed 24 July 2024) | NP | NP |
| Philippines (Last reviewed 01 August 2024) | There is no inheritance tax in the Philippines. However, an estate tax of 6% is imposed on the assets of the decedent taxpayer. | 6 |
| Poland (Last reviewed 22 July 2024) | NP | NP |
| Portugal (Last reviewed 21 July 2024) | Free acquisition of goods by individuals (inheritance and gifts) is taxed under the stamp tax at 10%. | Donation of property is taxed under the stamp tax at 0.8%; Free acquisition of goods by individuals (inheritance and gifts) is taxed under the stamp tax at 10%. |
| Puerto Rico (Last reviewed 10 November 2023) | NA | NA |
| Qatar (Last reviewed 03 April 2024) | NA | NA |
| Romania (Last reviewed 25 April 2024) | NA | NA |
| Rwanda (Last reviewed 20 July 2024) | NA | NA |
| Saint Lucia (Last reviewed 28 August 2024) | NA | NA |
| Saudi Arabia (Last reviewed 21 July 2024) | NA | NA |
| Senegal (Last reviewed 19 July 2024) | NA | NA |
| Serbia (Last reviewed 12 June 2024) | 0 - 2.5 (depends on the line of succession) | 2.5 |
| Singapore (Last reviewed 30 May 2024) | NA | NA |
| Slovak Republic (Last reviewed 16 October 2024) | NA | NA |
| Slovenia (Last reviewed 12 July 2024) | The tax rate depends on the amount and the line of succession, and can range from 0% to 40%. | The tax rate depends on the amount and the line of succession, and can range from 0% to 40%. |
| South Africa (Last reviewed 11 December 2024) | 25 | 25 |
| Spain (Last reviewed 30 June 2024) | 34% according to the state tax scale, which is applicable if the autonomous community has not approved its own tax scale. | 34% according to the state tax scale, which is applicable if the autonomous community has not approved its own tax scale. |
| Sweden (Last reviewed 06 September 2024) | NA | NA |
| Switzerland (Last reviewed 28 June 2024) | Federal: Exempt. Cantonal and communal: - Spouse: Exempt. - Direct descendants: Exempt in most cantons. - Others: Depending on relationship to deceased and varies per canton. |
Federal: Exempt. Cantonal and communal: - Spouse: Exempt. - Direct descendants: Exempt in most cantons. - Others: Varies per canton. |
| Taiwan (Last reviewed 19 August 2024) | 20 | 20 |
| Tajikistan (Last reviewed 12 June 2024) | Property inherited from another individual is exempt from taxation. | In general, property received as a gift from another individual is exempt from taxation. Gifts from legal entities are exempt as far as value of such gifts does not exceed certain limit. In case value of gift from legal entity exceeds the limit, the general 15% tax is applied. |
| Tanzania (Last reviewed 26 September 2024) | NA | NA |
| Thailand (Last reviewed 16 October 2024) | 10 | 5 |
| Timor-Leste (Last reviewed 23 July 2024) | NA | NA |
| Trinidad and Tobago (Last reviewed 17 September 2024) | NA | NA |
| Tunisia (Last reviewed 13 December 2024) | 2.5 | See Tunisia's individual tax summary for gift tax rates. |
| Turkey (Last reviewed 02 May 2024) | 10 | 30 |
| Turkmenistan (Last reviewed 02 July 2024) | NA | NA |
| Uganda (Last reviewed 20 September 2024) | NA | NA |
| Ukraine (Last reviewed 28 June 2024) | Taxable as ordinary income (exemption from taxation under conditions may apply). Tax residents of Ukraine: Personal Income Tax - 0 / 5 / 18 ; Military tax - 0 / 1.5 Tax non-residents of Ukraine: Personal Income Tax - 18 ; Military tax - 1.5 |
Taxable as ordinary income (exemption from taxation under conditions may apply). For gifts from individuals the rates are the same, as for inheritance. |
| United Arab Emirates (Last reviewed 24 July 2024) | NA | NA |
| United Kingdom (Last reviewed 08 July 2024) | The standard inheritance tax rate is 40%. It’s only charged on the part of one's estate that’s above the nil rate band (currently GBP325,000). See the Other taxes section in the Individual tax summary. | There is no specific gift tax in the UK. Instead, gifts made to individuals are subject to inheritance tax at rates up to 40% if the donor dies within seven years of making the gift. Gifts to any other entities (e.g. to trusts) can attract an immediate 20% IHT charge with a further charge if the individual dies within seven years of the gift. |
| United States (Last reviewed 13 August 2024) | There is no inheritance tax. However, there is an estate tax with a top rate of 40%. | 40 |
| Uruguay (Last reviewed 02 September 2024) | NA | NA |
| Uzbekistan, Republic of (Last reviewed 08 August 2024) | NA | NA |
| Venezuela (Last reviewed 23 December 2024) | Varies depending on degree of kinship. | Varies depending on degree of kinship. |
| Vietnam (Last reviewed 22 August 2024) | 10 | 10 |
| Zambia (Last reviewed 17 May 2024) | NA | NA |
| Zimbabwe (Last reviewed 20 November 2024) | There is no inheritance tax. However, there is an estate tax of 5%. | NA |