Quick Charts

Net wealth/worth tax rates

Headline rates for WWTS territories


The headline net wealth/worth tax rate is generally the highest statutory net wealth/worth tax rate.

This table provides an overview only. See the territory summaries for more detailed information.
Territory Headline net wealth/worth tax rate (%)
Albania (Last reviewed 12 January 2024) NA
Algeria (Last reviewed 01 January 2024) 1
Angola (Last reviewed 12 January 2024) NA
Argentina (Last reviewed 13 May 2024) 0.50% to 1.75% for assets held in Argentina and 0.7% to 2.25% for assets held abroad.
Armenia (Last reviewed 14 December 2023) NA
Australia (Last reviewed 12 December 2023) NA
Austria (Last reviewed 14 March 2024) NA
Azerbaijan (Last reviewed 21 February 2024) NP
Bahrain (Last reviewed 20 March 2024) NA
Barbados (Last reviewed 28 February 2024) NA
Belgium (Last reviewed 12 March 2024) Annual tax on securities accounts (version 2.0) levied at a rate of 0.15% on the average value of the account in excess of EUR 1 million.
Bermuda (Last reviewed 01 April 2024) NA
Bolivia (Last reviewed 17 January 2024) 2.4
Bosnia and Herzegovina (Last reviewed 08 February 2024) NP
Botswana (Last reviewed 19 April 2024) NA
Brazil (Last reviewed 28 November 2023) NA
Bulgaria (Last reviewed 05 March 2024) NA
Cabo Verde (Last reviewed 01 March 2024) NP
Cambodia (Last reviewed 19 March 2024) NA
Cameroon, Republic of (Last reviewed 28 February 2024) NA
Canada (Last reviewed 15 December 2023) NA
Cayman Islands (Last reviewed 04 December 2023) NA
Chad (Last reviewed 28 February 2024) NA
Chile (Last reviewed 08 February 2024) NA
China, People's Republic of (Last reviewed 15 January 2024) NA
Colombia (Last reviewed 28 February 2024) 1.5% until 2026;
1% 2027 onwards
Congo, Democratic Republic of the (Last reviewed 28 February 2024) NA
Congo, Republic of (Last reviewed 23 January 2024) NP
Costa Rica (Last reviewed 27 February 2024) Costa Rica does not have a net wealth/worth tax.
Croatia (Last reviewed 02 January 2024) NA
Cyprus (Last reviewed 21 December 2023) NA
Czech Republic (Last reviewed 09 February 2024) NA
Denmark (Last reviewed 15 March 2024) NA
Dominican Republic (Last reviewed 04 December 2023) NA
Ecuador (Last reviewed 04 March 2024) 0.15
Egypt (Last reviewed 19 March 2024) NA
El Salvador (Last reviewed 24 January 2024) NA
Equatorial Guinea (Last reviewed 07 May 2024) NA
Estonia (Last reviewed 15 January 2024) NA
Eswatini (Last reviewed 22 January 2024) NA
Ethiopia (Last reviewed 17 November 2023) NA
Fiji (Last reviewed 14 February 2024) NA
Finland (Last reviewed 10 January 2024) NA
France (Last reviewed 18 March 2024) 1.5
Gabon (Last reviewed 04 March 2024) NP
Georgia (Last reviewed 31 January 2024) NA
Germany (Last reviewed 23 December 2023) NA
Ghana (Last reviewed 08 March 2024) NA
Gibraltar (Last reviewed 05 December 2023) NA
Greece (Last reviewed 18 January 2024) NA
Greenland (Last reviewed 06 December 2023) NA
Guatemala (Last reviewed 04 December 2023) NP
Guernsey, Channel Islands (Last reviewed 20 December 2023) NA
Guyana (Last reviewed 01 February 2024) NA
Honduras (Last reviewed 09 February 2024) NP
Hong Kong SAR (Last reviewed 29 December 2023) NA
Hungary (Last reviewed 24 January 2024) N/A
Iceland (Last reviewed 21 February 2024) NA
India (Last reviewed 15 May 2024) NA
Indonesia (Last reviewed 19 December 2023) NA
Iraq (Last reviewed 04 December 2023) NA
Ireland (Last reviewed 06 February 2024) NA
Isle of Man (Last reviewed 28 February 2024) NA
Israel (Last reviewed 10 March 2024) NA
Italy (Last reviewed 05 February 2024) Wealth tax on real estate properties owned outside of Italy (IVIE): 0.76%;
Wealth tax on investments owned outside of Italy (IVAFE): 0.2%.
Ivory Coast (Côte d'Ivoire) (Last reviewed 20 June 2023) NP
Jamaica (Last reviewed 04 March 2024) NA
Japan (Last reviewed 23 January 2024) NA
Jersey, Channel Islands (Last reviewed 15 January 2024) NA
Jordan (Last reviewed 04 February 2024) NA
Kazakhstan (Last reviewed 02 February 2024) NA
Kenya (Last reviewed 13 February 2024) NP
Korea, Republic of (Last reviewed 27 February 2024) NA
Kosovo (Last reviewed 22 January 2024) NA
Kuwait (Last reviewed 24 January 2024) NA
Kyrgyzstan (Last reviewed 12 February 2024) NA
Lao PDR (Last reviewed 23 January 2024) NA
Latvia (Last reviewed 09 February 2024) NA
Lebanon (Last reviewed 04 April 2024) NA
Libya (Last reviewed 03 December 2023) NA
Liechtenstein (Last reviewed 01 April 2024) The wealth tax is included in the income tax by including a deemed interest on the net wealth which is added to the taxable basis.
Lithuania (Last reviewed 19 February 2024) NA
Luxembourg (Last reviewed 02 January 2024) 0.5% up to EUR 500 million and 0.05% for any amount in excess of EUR 500 million.
Macau SAR (Last reviewed 16 January 2024) NA
Madagascar (Last reviewed 16 February 2024) NA
Malawi (Last reviewed 21 April 2023) NA
Malaysia (Last reviewed 06 December 2023) NA
Malta (Last reviewed 27 February 2024) NA
Mauritania (Last reviewed 11 March 2024) NA
Mauritius (Last reviewed 04 March 2024) NA
Mexico (Last reviewed 18 January 2024) NA
Moldova (Last reviewed 17 January 2024) 0.8
Mongolia (Last reviewed 22 December 2023) NA
Montenegro (Last reviewed 21 April 2023) NA
Morocco (Last reviewed 04 April 2023) NP
Mozambique (Last reviewed 28 February 2024) NA
Myanmar (Last reviewed 14 February 2024) NA
Namibia, Republic of (Last reviewed 18 December 2023) NA
Netherlands (Last reviewed 09 January 2024) The Netherlands have no tax on wealth, but they do have a tax on a fixed return on wealth.
New Caledonia (Last reviewed 16 April 2024) NA
New Zealand (Last reviewed 16 January 2024) NA
Nicaragua (Last reviewed 23 January 2024) NA
Nigeria (Last reviewed 09 February 2024) NA
North Macedonia (Last reviewed 28 February 2024) NP
Norway (Last reviewed 23 January 2024) 1.0 (1.1 on wealth exceeding NOK 20m)
Oman (Last reviewed 11 February 2024) NA
Pakistan (Last reviewed 23 January 2024) 1
Palestinian territories (Last reviewed 25 January 2024) NA
Panama (Last reviewed 23 January 2024) NA
Papua New Guinea (Last reviewed 29 February 2024) NA
Paraguay (Last reviewed 16 April 2024) NA
Peru (Last reviewed 09 January 2024) NP
Philippines (Last reviewed 22 February 2024) NA
Poland (Last reviewed 05 March 2024) NA
Portugal (Last reviewed 19 February 2024) NA
Puerto Rico (Last reviewed 10 November 2023) NA
Qatar (Last reviewed 03 April 2024) NA
Romania (Last reviewed 25 April 2024) NA
Rwanda (Last reviewed 28 February 2024) NA
Saint Lucia (Last reviewed 01 December 2023) NA
Saudi Arabia (Last reviewed 05 March 2024) NA
Senegal (Last reviewed 24 February 2024) NA
Serbia (Last reviewed 01 April 2024) NA
Singapore (Last reviewed 30 May 2024) NA
Slovak Republic (Last reviewed 28 November 2023) NA
Slovenia (Last reviewed 13 February 2024) NA
South Africa (Last reviewed 08 December 2023) NA
Spain (Last reviewed 01 January 2024) 3.5% according to the state tax scale, which is applicable if the autonomous community has not approved its own tax scale.
Sweden (Last reviewed 24 January 2024) NA
Switzerland (Last reviewed 16 January 2024) Federal: Exempt.
Cantonal and communal personal net wealth tax rates vary per canton, resulting in an overall personal net wealth tax rate between 0.02% and 1.03%.
Taiwan (Last reviewed 02 February 2024) NA
Tajikistan (Last reviewed 26 December 2023) NA
Tanzania (Last reviewed 02 January 2024) NA
Thailand (Last reviewed 13 February 2024) NA
Timor-Leste (Last reviewed 19 March 2024) NA
Trinidad and Tobago (Last reviewed 01 February 2024) NA
Tunisia (Last reviewed 26 March 2024) 0.5
Turkey (Last reviewed 02 May 2024) NA
Turkmenistan (Last reviewed 08 January 2024) NA
Uganda (Last reviewed 25 March 2024) NA
Ukraine (Last reviewed 29 December 2023) NA
United Arab Emirates (Last reviewed 16 February 2024) NA
United Kingdom (Last reviewed 12 February 2024) NA
United States (Last reviewed 07 February 2024) NA
Uruguay (Last reviewed 12 March 2024) Individuals are subject to NWT at a progressive scale of rates.
For non-residents that are not subject to IRNR: 0.7% to 1.5%.
For residents and non-residents subject to IRNR: 0.1% to 0.2%.
Uzbekistan, Republic of (Last reviewed 06 February 2024) NA
Venezuela (Last reviewed 24 January 2024) 0.25
Vietnam (Last reviewed 15 February 2024) NA
Zambia (Last reviewed 17 May 2024) NA
Zimbabwe (Last reviewed 28 February 2024) NP

NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement)

NP stands for Not Provided (i.e. the information is not currently provided in this chart)

All information in this chart is up to date as of the 'Last reviewed' date on the corresponding territory Overview page. This chart has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this chart, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.