Quick Charts

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 29 June 2021) NA NA
Algeria (Last reviewed 08 June 2021) 5 5
Angola (Last reviewed 24 June 2021) 15% when the transmission occurs between spouses or in favour of descendants and ascendants;
30% when the transmission occurs between other persons.
15% when the transmission occurs between spouses or in favour of descendants and ascendants;
30% when the transmission occurs between other persons.
Argentina (Last reviewed 18 August 2021) NA NA
Armenia (Last reviewed 29 June 2021) NA NA
Australia (Last reviewed 30 June 2021) NA NA
Austria (Last reviewed 15 June 2021) NA NA
Azerbaijan (Last reviewed 18 August 2021) Exempted if received by immediate family members; otherwise, 25%. Exempted if received by immediate family members; otherwise, 25%.
Bahrain (Last reviewed 25 July 2021) NA NA
Barbados (Last reviewed 05 August 2021) NA NA
Belarus (Last reviewed 30 May 2021) NA NA
Belgium (Last reviewed 15 July 2021) 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 14 July 2021) NA NA
Bolivia (Last reviewed 08 July 2021) 1 / 10 / 20 1 / 10 / 20
Bosnia and Herzegovina (Last reviewed 25 February 2021) NP NP
Botswana (Last reviewed 12 February 2021) 12.5 12.5
Brazil (Last reviewed 03 August 2021) 8 8
Bulgaria (Last reviewed 21 July 2021) 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 26 August 2021) NP NP
Cambodia (Last reviewed 29 July 2021) NA NA
Cameroon, Republic of (Last reviewed 03 August 2021) 10 20
Canada (Last reviewed 18 June 2021) NA NA
Cayman Islands (Last reviewed 03 August 2021) NA NA
Chad (Last reviewed 03 August 2021) NA NA
Chile (Last reviewed 31 July 2021) 25 25
China, People's Republic of (Last reviewed 25 June 2021) NA NA
Colombia (Last reviewed 17 August 2021) 10 10
Congo, Democratic Republic of the (Last reviewed 20 July 2021) NA NA
Congo, Republic of (Last reviewed 18 August 2021) NP NP
Costa Rica (Last reviewed 24 August 2021) Costa Rica does not have an inheritance tax. Costa Rica does not have a gift tax.
Croatia (Last reviewed 30 June 2021) 4 4
Cyprus (Last reviewed 28 July 2021) NA Nil if up to a third degree relative.
Czech Republic (Last reviewed 08 July 2021) NA If taxable, the gift is subject to the normal PIT rate.
Denmark (Last reviewed 03 June 2021) 15 15
Dominican Republic (Last reviewed 20 July 2021) 3 27
Ecuador (Last reviewed 02 July 2021) 35 35
Egypt (Last reviewed 26 May 2021) NA NA
El Salvador (Last reviewed 30 June 2021) NA NA
Equatorial Guinea (Last reviewed 20 July 2021) 10 5
Estonia (Last reviewed 19 August 2021) NA NA
Eswatini (Last reviewed 21 July 2021) NA NA
Fiji (Last reviewed 08 June 2021) NA NA
Finland (Last reviewed 30 June 2021) 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 07 May 2021) 60 60
Gabon (Last reviewed 25 August 2021) NP NP
Georgia (Last reviewed 12 July 2021) NA NA
Germany (Last reviewed 30 June 2021) 50 50
Ghana (Last reviewed 29 July 2021) 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; or 15% (upon election and the gift does not relate to business or employment).
Gibraltar (Last reviewed 30 June 2021) NA NA
Greece (Last reviewed 15 August 2021) Category A: 10;
Category B: 20;
Category C: 40
Category A: 10;
Category B: 20;
Category C: 40
Greenland (Last reviewed 27 May 2021) NA Gifts are taxable as ordinary income.
Guatemala (Last reviewed 28 May 2021) NP NP
Guernsey, Channel Islands (Last reviewed 01 July 2021) NA NA
Guyana (Last reviewed 03 August 2021) NA NA
Honduras (Last reviewed 20 July 2021) NP NP
Hong Kong SAR (Last reviewed 05 July 2021) NA NA
Hungary (Last reviewed 30 June 2021) 18% (but a preferential 9% rate applies to residential property). 18% (but a preferential 9% rate applies to residential property).
Iceland (Last reviewed 03 August 2021) 10 Gifts are taxable as ordinary income.
India (Last reviewed 28 June 2021) NA See India's individual tax summary for gift tax rates.
Indonesia (Last reviewed 28 June 2021) NA NA
Iraq (Last reviewed 26 May 2021) 6 (over IQD 90 million) Not clear, but it may be subject to the normal PIT rate.
Ireland (Last reviewed 01 July 2021) 33 33
Isle of Man (Last reviewed 24 August 2021) NA NA
Israel (Last reviewed 30 June 2021) NA NA
Italy (Last reviewed 12 July 2021) 8 8
Ivory Coast (Côte d'Ivoire) (Last reviewed 09 February 2021) NP NP
Jamaica (Last reviewed 03 June 2021) There is no inheritance tax. However, there is a 1.5% transfer tax on death. NA
Japan (Last reviewed 03 August 2021) 55 55
Jersey, Channel Islands (Last reviewed 05 July 2021) 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). NP
Jordan (Last reviewed 26 July 2021) NA NA
Kazakhstan (Last reviewed 23 July 2021) NA NA
Kenya (Last reviewed 01 July 2021) NP NP
Korea, Republic of (Last reviewed 25 June 2021) 50 50
Kosovo (Last reviewed 21 July 2021) NA Taxable as ordinary income (10%) unless exemptions apply.
Kuwait (Last reviewed 26 May 2021) NA NA
Kyrgyzstan (Last reviewed 29 June 2021) NA NA
Lao PDR (Last reviewed 23 June 2021) NA NA
Latvia (Last reviewed 05 July 2021) NA Taxable as ordinary income unless exempt.
Lebanon (Last reviewed 15 June 2021) 45 45
Libya (Last reviewed 26 May 2021) NA NA
Liechtenstein (Last reviewed 24 June 2021) NA NA
Lithuania (Last reviewed 16 August 2021) 10 NA
Luxembourg (Last reviewed 01 July 2021) NP NP
Macau SAR (Last reviewed 30 June 2021) NA NA
Madagascar (Last reviewed 08 July 2021) NA NA
Malawi (Last reviewed 10 February 2021) NP NP
Malaysia (Last reviewed 21 July 2021) NA NA
Maldives, Republic of (Last reviewed 09 June 2021) NA NA
Malta (Last reviewed 03 September 2021) Stamp duty may be due upon inheritance in respect of certain chargeable assets. NA
Mauritania (Last reviewed 30 June 2021) NA NA
Mauritius (Last reviewed 23 July 2021) NA NA
Mexico (Last reviewed 21 July 2021) 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 20 September 2021) Patrimony received by Moldovan citizens by inheritance is not taxable. NA
Mongolia (Last reviewed 28 June 2021) NA NA
Montenegro (Last reviewed 25 February 2021) 3 NP
Morocco (Last reviewed 02 September 2021) NP NP
Mozambique (Last reviewed 24 July 2021) NP NP
Myanmar (Last reviewed 19 August 2021) NA NA
Namibia, Republic of (Last reviewed 30 June 2021) NA NA
Netherlands (Last reviewed 02 July 2021) 40 40
New Zealand (Last reviewed 20 July 2021) NA NA
Nicaragua (Last reviewed 04 August 2021) 15 15
Nigeria (Last reviewed 22 July 2021) NA NA
North Macedonia (Last reviewed 18 August 2021) 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 24 August 2021) NA NA
Oman (Last reviewed 24 June 2021) NA NA
Pakistan (Last reviewed 15 July 2021) NA NA
Palestinian territories (Last reviewed 23 June 2021) 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 20 July 2021) NA NA
Papua New Guinea (Last reviewed 30 June 2021) NA NA
Paraguay (Last reviewed 18 August 2021) NA NA
Peru (Last reviewed 22 July 2021) NP NP
Philippines (Last reviewed 30 June 2021) 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 13 July 2021) NP NP
Portugal (Last reviewed 18 August 2021) 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 03 August 2021) NP NP
Qatar (Last reviewed 19 August 2021) NA NA
Romania (Last reviewed 16 July 2021) NA NA
Russian Federation (Last reviewed 12 February 2021) NA NA
Rwanda (Last reviewed 18 June 2021) NA NA
Saint Lucia (Last reviewed 06 August 2021) NA NA
Saudi Arabia (Last reviewed 01 July 2021) NA NA
Senegal (Last reviewed 06 September 2021) NP NP
Serbia (Last reviewed 18 August 2021) NP NP
Singapore (Last reviewed 10 September 2021) NA NA
Slovak Republic (Last reviewed 01 September 2021) NA NA
Slovenia (Last reviewed 02 August 2021) 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 28 June 2021) 25 25
Spain (Last reviewed 30 June 2021) 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.
Sri Lanka (Last reviewed 28 June 2021) NA NA
Sweden (Last reviewed 01 July 2021) NA NA
Switzerland (Last reviewed 08 July 2021) Federal: Exempt.
Spouse: Exempt.
Direct descendants: Exempt in most cantons.
Others: Depending on relationship to deceased and varies per canton.
Federal: Exempt.
Spouse: Exempt.
Direct descendants: Exempt in most cantons.
Others: Varies per canton.
Taiwan (Last reviewed 25 August 2021) 20 20
Tajikistan (Last reviewed 30 June 2021) 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 13% tax is applied.
Tanzania (Last reviewed 18 August 2021) NA NA
Thailand (Last reviewed 06 July 2021) 10 5
Timor-Leste (Last reviewed 24 August 2021) NA NA
Trinidad and Tobago (Last reviewed 03 August 2021) NA NA
Tunisia (Last reviewed 15 July 2021) 35 See Tunisia's individual tax summary for gift tax rates.
Turkey (Last reviewed 16 October 2020) 10 30
Turkmenistan (Last reviewed 24 July 2021) NA NA
Uganda (Last reviewed 20 August 2021) NA NA
Ukraine (Last reviewed 30 June 2021) Taxable as ordinary income (exemption from taxation under conditions may apply). Taxable as ordinary income (exemption from taxation under conditions may apply).
United Arab Emirates (Last reviewed 28 July 2021) NA NA
United Kingdom (Last reviewed 24 June 2021) The standard inheritance tax rate is 40%. It’s only charged on the part of one's estate that’s above the threshold. See the Other taxes section in the Individual tax summary. If there’s inheritance tax to pay, it’s charged at 40% on gifts given in the three years before death. Gifts made three to seven years before death are taxed on a sliding scale known as ‘taper relief’.
United States (Last reviewed 02 August 2021) There is no inheritance tax. However, there is an estate tax with a top rate of 40%. 40
Uruguay (Last reviewed 30 June 2021) NA NA
Uzbekistan, Republic of (Last reviewed 23 July 2021) NA NA
Venezuela (Last reviewed 04 August 2021) Varies depending on degree of kinship. Varies depending on degree of kinship.
Vietnam (Last reviewed 09 August 2021) 10 10
Zambia (Last reviewed 11 February 2021) NA NA
Zimbabwe (Last reviewed 20 August 2021) There is no inheritance tax. However, there is an estate tax of 5%. NA

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.