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 Inheritance tax rate (%) Gift tax rate (%)
Albania (Last reviewed 22 June 2020) NA NA
Algeria (Last reviewed 01 June 2020) 5 5
Angola (Last reviewed 07 July 2020) 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 June 2020) NA NA
Armenia (Last reviewed 13 July 2020) NA NA
Australia (Last reviewed 03 July 2020) NA NA
Austria (Last reviewed 30 June 2020) NA NA
Azerbaijan (Last reviewed 01 July 2020) Exempted if received by immediate family members; otherwise, 25%. Exempted if received by immediate family members; otherwise, 25%.
Bahrain (Last reviewed 16 August 2020) NA NA
Barbados (Last reviewed 10 September 2020) NA NA
Belarus (Last reviewed 15 June 2020) NA NA
Belgium (Last reviewed 07 July 2020) 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 06 August 2020) NA NA
Bolivia (Last reviewed 02 July 2020) 1 / 10 / 20 1 / 10 / 20
Bosnia and Herzegovina (Last reviewed 09 September 2020) NP NP
Botswana (Last reviewed 31 July 2020) 12.5 12.5
Brazil (Last reviewed 31 August 2020) 8 8
Bulgaria (Last reviewed 30 July 2020) 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% - 6.6%
Cabo Verde (Last reviewed 08 July 2020) NP NP
Cambodia (Last reviewed 30 July 2020) NA NA
Cameroon, Republic of (Last reviewed 31 July 2020) 10 20
Canada (Last reviewed 17 June 2020) NA NA
Cayman Islands (Last reviewed 07 July 2020) NA NA
Chad (Last reviewed 02 September 2020) NA NA
Chile (Last reviewed 02 June 2020) 25 25
China, People's Republic of (Last reviewed 30 June 2020) NA NA
Colombia (Last reviewed 07 July 2020) 10 10
Congo, Democratic Republic of the (Last reviewed 16 August 2020) NA NA
Congo, Republic of (Last reviewed 29 July 2020) NP NP
Costa Rica (Last reviewed 18 August 2020) Costa Rica does not have an inheritance tax. Costa Rica does not have a gift tax.
Croatia (Last reviewed 30 July 2020) 4 4
Cyprus (Last reviewed 30 June 2020) NA Nil if up to a third degree relative.
Czech Republic (Last reviewed 20 July 2020) NA If taxable, the gift is subject to the normal PIT rate.
Denmark (Last reviewed 03 August 2020) 15 15
Dominican Republic (Last reviewed 07 July 2020) 3 27
Ecuador (Last reviewed 15 July 2020) 35 35
Egypt (Last reviewed 27 September 2020) NA NA
El Salvador (Last reviewed 07 July 2020) NA NA
Equatorial Guinea (Last reviewed 01 September 2020) 10 5
Estonia (Last reviewed 23 June 2020) NA NA
Fiji (Last reviewed 14 July 2020) NA NA
Finland (Last reviewed 30 June 2020) 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 16 September 2019) 60 60
Gabon (Last reviewed 16 September 2020) NP NP
Georgia (Last reviewed 23 June 2020) NA NA
Germany (Last reviewed 09 July 2020) 50 50
Ghana (Last reviewed 09 July 2020) 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 July 2020) NA NA
Greece (Last reviewed 30 June 2020) Category A: 10;
Category B: 20;
Category C: 40
Category A: 10;
Category B: 20;
Category C: 40
Greenland (Last reviewed 02 June 2020) NA Gifts are taxable as ordinary income.
Guatemala (Last reviewed 08 July 2020) NP NP
Guernsey, Channel Islands (Last reviewed 20 August 2020) NA NA
Guyana (Last reviewed 07 July 2020) NA NA
Honduras (Last reviewed 17 August 2020) NP NP
Hong Kong SAR (Last reviewed 30 June 2020) NA NA
Hungary (Last reviewed 20 April 2020) 18% (but a preferential 9% rate applies to residential property). 18% (but a preferential 9% rate applies to residential property).
Iceland (Last reviewed 09 July 2020) 10 Gifts are taxable as ordinary income.
India (Last reviewed 14 May 2020) NA See India's individual tax summary for gift tax rates.
Indonesia (Last reviewed 29 June 2020) NA NA
Iraq (Last reviewed 02 June 2020) 6 (over IQD 90 million) Not clear, but it may be subject to the normal PIT rate.
Ireland (Last reviewed 10 August 2020) 33 33
Isle of Man (Last reviewed 24 August 2020) NA NA
Israel (Last reviewed 28 June 2020) NA NA
Italy (Last reviewed 02 July 2020) 8 8
Ivory Coast (Côte d'Ivoire) (Last reviewed 01 September 2020) NP NP
Jamaica (Last reviewed 19 August 2020) There is no inheritance tax. However, there is a 1.5% transfer tax on death. NA
Japan (Last reviewed 01 September 2020) 55 55
Jersey, Channel Islands (Last reviewed 07 July 2020) There is no inheritance tax. However, probate stamp duty is charged on a deceased person's moveable estate at 0.75% (capped at GBP 100,000). NP
Jordan (Last reviewed 21 July 2020) NA NA
Kazakhstan (Last reviewed 02 July 2020) NA NA
Kenya (Last reviewed 03 August 2020) NP NP
Korea, Republic of (Last reviewed 30 June 2020) 50 50
Kosovo (Last reviewed 31 August 2020) NA Taxable as ordinary income (10%) unless exemptions apply.
Kuwait (Last reviewed 07 July 2020) NA NA
Kyrgyzstan (Last reviewed 30 June 2020) NA NA
Lao PDR (Last reviewed 08 July 2020) NA NA
Latvia (Last reviewed 07 July 2020) NA Taxable as ordinary income unless exempt.
Lebanon (Last reviewed 23 July 2020) 45 45
Libya (Last reviewed 09 July 2020) NA NA
Liechtenstein (Last reviewed 18 June 2020) NA NA
Lithuania (Last reviewed 27 July 2020) 10 NA
Luxembourg (Last reviewed 02 July 2020) NP NP
Macau SAR (Last reviewed 28 July 2020) NA NA
Madagascar (Last reviewed 03 August 2020) NA NA
Malawi (Last reviewed 15 July 2020) NP NP
Malaysia (Last reviewed 01 July 2020) NA NA
Maldives, Republic of (Last reviewed 03 August 2020) NA NA
Malta (Last reviewed 15 July 2020) NA NA
Mauritania (Last reviewed 03 August 2020) NA NA
Mauritius (Last reviewed 05 August 2020) NA NA
Mexico (Last reviewed 08 July 2020) 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 02 July 2020) Patrimony received by Moldovan citizens by inheritance is not taxable. NA
Mongolia (Last reviewed 04 August 2020) NA NA
Montenegro (Last reviewed 29 July 2020) 3 NP
Morocco (Last reviewed 14 September 2020) NP NP
Mozambique (Last reviewed 30 July 2020) NP NP
Myanmar (Last reviewed 04 August 2020) NA NA
Namibia, Republic of (Last reviewed 08 June 2020) NA NA
Netherlands (Last reviewed 06 July 2020) 40 40
New Zealand (Last reviewed 02 October 2020) NA NA
Nicaragua (Last reviewed 07 July 2020) 15 15
Nigeria (Last reviewed 17 July 2020) NA NA
North Macedonia (Last reviewed 30 July 2020) 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 13 July 2020) NA NA
Oman (Last reviewed 26 April 2020) NA NA
Pakistan (Last reviewed 25 July 2020) NA NA
Palestinian territories (Last reviewed 21 June 2020) 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 29 June 2020) NA NA
Papua New Guinea (Last reviewed 23 June 2020) NA NA
Paraguay (Last reviewed 31 August 2020) NP NP
Peru (Last reviewed 17 July 2020) NP NP
Philippines (Last reviewed 30 June 2020) 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 10 July 2020) NP NP
Portugal (Last reviewed 30 July 2020) 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 30 June 2020) NP NP
Qatar (Last reviewed 24 September 2020) NA NA
Romania (Last reviewed 21 July 2020) NA NA
Russian Federation (Last reviewed 22 September 2020) NA NA
Rwanda (Last reviewed 30 July 2020) NA NA
Saint Lucia (Last reviewed 06 October 2020) NA NA
Saudi Arabia (Last reviewed 27 June 2020) NA NA
Senegal (Last reviewed 10 July 2020) NP NP
Serbia (Last reviewed 29 July 2020) NP NP
Singapore (Last reviewed 21 September 2020) NA NA
Slovak Republic (Last reviewed 29 September 2020) NA NA
Slovenia (Last reviewed 04 August 2020) 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 30 June 2020) 25 25
Spain (Last reviewed 16 July 2020) 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 17 August 2020) NA NA
Swaziland (Last reviewed 21 April 2020) NA NA
Sweden (Last reviewed 06 July 2020) NA NA
Switzerland (Last reviewed 09 July 2020) 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 15 July 2020) 10 10
Tajikistan (Last reviewed 13 July 2020) 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 21 August 2020) NA NA
Thailand (Last reviewed 20 July 2020) 10 5
Timor-Leste (Last reviewed 18 August 2020) NA NA
Trinidad and Tobago (Last reviewed 09 July 2020) NA NA
Tunisia (Last reviewed 31 July 2020) 35 See Tunisia's individual tax summary for gift tax rates.
Turkey (Last reviewed 16 October 2020) 10 30
Turkmenistan (Last reviewed 14 August 2020) NA NA
Uganda (Last reviewed 01 October 2020) NA NA
Ukraine (Last reviewed 30 June 2020) 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 31 July 2020) NA NA
United Kingdom (Last reviewed 10 July 2020) NP NP
United States (Last reviewed 31 July 2020) There is no inheritance tax. However, there is an estate tax with a top rate of 40%. 40
Uruguay (Last reviewed 01 July 2020) NA NA
Uzbekistan, Republic of (Last reviewed 28 April 2020) NA NA
Venezuela (Last reviewed 02 September 2020) Varies depending on degree of kinship. Varies depending on degree of kinship.
Vietnam (Last reviewed 17 August 2020) 10 10
Zambia (Last reviewed 20 August 2020) NA NA
Zimbabwe (Last reviewed 29 September 2020) 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.