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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 17 January 2025) | 15 | 15 |
| Algeria (Last reviewed 09 March 2025) | 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 05 February 2025) | 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 27 December 2024) | NA | NA |
| Australia (Last reviewed 16 December 2024) | NA | NA |
| Austria (Last reviewed 20 January 2025) | NA | NA |
| Azerbaijan (Last reviewed 06 May 2025) | Exempted if received by immediate family members; otherwise, 25%. | Exempted if received by immediate family members; otherwise, 25%. |
| Bahrain (Last reviewed 14 February 2025) | NA | NA |
| Bangladesh (Last reviewed 03 January 2025) | NA | NA |
| Barbados (Last reviewed 17 February 2025) | NA | NA |
| Belgium (Last reviewed 26 March 2025) | 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 31 January 2025) | NA | NA |
| Bolivia (Last reviewed 20 January 2025) | 1 / 10 / 20 | 1 / 10 / 20 |
| Bosnia and Herzegovina (Last reviewed 06 February 2025) | NP | NP |
| Botswana (Last reviewed 17 April 2025) | 12.5 | 12.5 |
| Brazil (Last reviewed 02 May 2025) | 8 | 8 |
| Bulgaria (Last reviewed 04 March 2025) | 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 16 February 2025) | NP | NP |
| Cambodia (Last reviewed 19 March 2025) | NA | NA |
| Cameroon, Republic of (Last reviewed 04 March 2025) | 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 06 January 2025) | 25 | 25 |
| China, People's Republic of (Last reviewed 03 January 2025) | NA | NA |
| Colombia (Last reviewed 06 February 2025) | 15 | 15 |
| Congo, Democratic Republic of the (Last reviewed 15 October 2024) | NA | NA |
| Congo, Republic of (Last reviewed 22 January 2025) | NP | NP |
| Costa Rica (Last reviewed 15 January 2025) | Costa Rica does not have an inheritance tax. | Costa Rica does not have a gift tax. |
| Croatia (Last reviewed 07 January 2025) | 4 | 4 |
| Cyprus (Last reviewed 17 December 2024) | NA | Nil if up to a third degree relative. |
| Czech Republic (Last reviewed 21 January 2025) | NA | If taxable, the gift is subject to the normal PIT rate. |
| Denmark (Last reviewed 04 February 2025) | 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 13 March 2025) | 37 | 37 |
| Egypt (Last reviewed 06 February 2025) | NA | NA |
| El Salvador (Last reviewed 06 February 2025) | NA | NA |
| Equatorial Guinea (Last reviewed 07 May 2024) | 0.5 | 0.5 |
| Estonia (Last reviewed 19 July 2024) | NA | NA |
| Eswatini (Last reviewed 11 April 2025) | NA | NA |
| Ethiopia (Last reviewed 12 February 2025) | NA | NA |
| Finland (Last reviewed 24 January 2025) | 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 31 December 2024) | NA | NA |
| Germany (Last reviewed 28 December 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 03 March 2025) | NA | NA |
| Greece (Last reviewed 04 March 2025) | 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 16 January 2025) | NP | NP |
| Guernsey, Channel Islands (Last reviewed 27 January 2025) | NA | NA |
| Guyana (Last reviewed 14 October 2024) | NA | NA |
| Honduras (Last reviewed 20 January 2025) | NP | NP |
| Hong Kong SAR (Last reviewed 03 January 2025) | NA | NA |
| Hungary (Last reviewed 04 February 2025) | 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 06 March 2025) | 10 | Gifts are taxable as ordinary income. |
| India (Last reviewed 06 May 2025) | NA | Taxable in the hands of recipient and subject to tax at applicable headline tax rates. |
| Indonesia (Last reviewed 23 December 2024) | NA | NA |
| Iraq (Last reviewed 19 January 2025) | 6 (over IQD 90 million) | Not clear, but it may be subject to the normal PIT rate. |
| Ireland (Last reviewed 10 February 2025) | 33 | 33 |
| Isle of Man (Last reviewed 12 February 2025) | NA | NA |
| Israel (Last reviewed 17 March 2025) | NA | NA |
| Italy (Last reviewed 10 February 2025) | 8 | 8 |
| Ivory Coast (Côte d'Ivoire) (Last reviewed 20 November 2024) | NP | NP |
| Jamaica (Last reviewed 03 March 2025) | 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 24 January 2025) | 55 | 55 |
| Jersey, Channel Islands (Last reviewed 08 January 2025) | 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 11 February 2025) | NA | NA |
| Kazakhstan (Last reviewed 02 December 2024) | NA | NA |
| Kenya (Last reviewed 18 February 2025) | NP | NP |
| Korea, Republic of (Last reviewed 23 December 2024) | 50 | 50 |
| Kosovo (Last reviewed 22 January 2025) | NA | Taxable as ordinary income (10%) unless exemptions apply. |
| Kuwait (Last reviewed 23 January 2025) | NA | NA |
| Lao PDR (Last reviewed 07 February 2025) | NA | 5 |
| Latvia (Last reviewed 16 January 2025) | NA | Taxable as ordinary income unless exempt. |
| Lebanon (Last reviewed 09 January 2025) | 45 | 45 |
| Libya (Last reviewed 01 December 2024) | NA | NA |
| Liechtenstein (Last reviewed 28 March 2025) | NA | NA |
| Lithuania (Last reviewed 05 March 2025) | 10 | NA |
| Luxembourg (Last reviewed 21 January 2025) | NP | NP |
| Macau SAR (Last reviewed 18 December 2024) | NA | NA |
| Madagascar (Last reviewed 26 March 2025) | NA | NA |
| Malaysia (Last reviewed 13 December 2024) | NA | NA |
| Malta (Last reviewed 24 January 2025) | 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 09 April 2025) | 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 January 2025) | Patrimony received by Moldovan citizens by inheritance is not taxable. | NA (subject to general tax rules) |
| Mongolia (Last reviewed 06 January 2025) | NA | NA |
| Montenegro (Last reviewed 25 March 2025) | 3 - 6 (payable only on inheritance of real estate) | 3 - 6 (payable only on real estate gifts) |
| Morocco (Last reviewed 13 March 2025) | NP | NP |
| Mozambique (Last reviewed 09 January 2025) | 10 | 10 |
| Myanmar (Last reviewed 10 February 2025) | NA | NA |
| Namibia, Republic of (Last reviewed 17 December 2024) | NA | NA |
| Netherlands (Last reviewed 16 January 2025) | 40 | 40 |
| New Caledonia (Last reviewed 24 February 2025) | 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 14 April 2025) | NA | NA |
| North Macedonia (Last reviewed 18 February 2025) | 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 14 January 2025) | NA | NA |
| Oman (Last reviewed 01 January 2025) | NA | NA |
| Pakistan (Last reviewed 18 December 2024) | NA | NA |
| Palestinian territories (Last reviewed 22 January 2025) | 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 07 February 2025) | NA | NA |
| Papua New Guinea (Last reviewed 09 April 2025) | NA | NA |
| Paraguay (Last reviewed 11 April 2025) | NA | NA |
| Peru (Last reviewed 10 February 2025) | NP | NP |
| Philippines (Last reviewed 25 February 2025) | 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 27 February 2025) | NP | NP |
| Portugal (Last reviewed 16 February 2025) | 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 March 2025) | NA | NA |
| Qatar (Last reviewed 06 March 2025) | NA | NA |
| Romania (Last reviewed 25 April 2024) | NA | NA |
| Rwanda (Last reviewed 21 March 2025) | NA | NA |
| Saint Lucia (Last reviewed 17 February 2025) | NA | NA |
| Saudi Arabia (Last reviewed 19 March 2025) | NA | NA |
| Senegal (Last reviewed 19 July 2024) | NA | NA |
| Serbia (Last reviewed 04 March 2025) | 0 - 2.5 (depends on the line of succession) | 2.5 |
| Singapore (Last reviewed 22 April 2025) | NA | NA |
| Slovak Republic (Last reviewed 06 February 2025) | NA | NA |
| Slovenia (Last reviewed 23 January 2025) | 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 31 December 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 10 February 2025) | NA | NA |
| Switzerland (Last reviewed 16 January 2025) | 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 06 March 2025) | 20 | 20 |
| Tanzania (Last reviewed 20 January 2025) | NA | NA |
| Thailand (Last reviewed 17 January 2025) | 10 | 5 |
| Timor-Leste (Last reviewed 25 March 2025) | NA | NA |
| Trinidad and Tobago (Last reviewed 31 January 2025) | NA | NA |
| Tunisia (Last reviewed 13 December 2024) | 2.5 | See Tunisia's individual tax summary for gift tax rates. |
| Turkey (Last reviewed 09 April 2025) | 10 | 30 |
| Uganda (Last reviewed 10 February 2025) | NA | NA |
| Ukraine (Last reviewed 30 December 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 / 5 Tax non-residents of Ukraine: Personal Income Tax - 18 ; Military tax - 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 21 February 2025) | NA | NA |
| United Kingdom (Last reviewed 15 December 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 28 February 2025) | There is no inheritance tax. However, there is an estate tax with a top rate of 40%. | 40 |
| Uruguay (Last reviewed 25 March 2025) | NA | NA |
| Uzbekistan, Republic of (Last reviewed 09 February 2025) | NA | NA |
| Venezuela (Last reviewed 23 December 2024) | Varies depending on degree of kinship. | Varies depending on degree of kinship. |
| Vietnam (Last reviewed 26 March 2025) | 10 | 10 |
| Zambia (Last reviewed 25 March 2025) | NA | NA |