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 22 June 2020) NA
Algeria (Last reviewed 01 June 2020) 1.75
Angola (Last reviewed 07 July 2020) NA
Argentina (Last reviewed 18 June 2020) 0.75
Armenia (Last reviewed 13 July 2020) NA
Australia (Last reviewed 03 July 2020) NA
Austria (Last reviewed 30 June 2020) NA
Azerbaijan (Last reviewed 01 July 2020) NP
Bahrain (Last reviewed 16 August 2020) NA
Barbados (Last reviewed 10 September 2020) NA
Belarus (Last reviewed 15 June 2020) NA
Belgium (Last reviewed 07 July 2020) The tax on the securities accounts has been annulled as of 2020.
Bermuda (Last reviewed 06 August 2020) NA
Bolivia (Last reviewed 02 July 2020) NA
Bosnia and Herzegovina (Last reviewed 09 September 2020) NP
Botswana (Last reviewed 31 July 2020) NA
Brazil (Last reviewed 31 August 2020) NA
Bulgaria (Last reviewed 30 July 2020) NA
Cabo Verde (Last reviewed 08 July 2020) NP
Cambodia (Last reviewed 30 July 2020) NA
Cameroon, Republic of (Last reviewed 31 July 2020) NA
Canada (Last reviewed 17 June 2020) NA
Cayman Islands (Last reviewed 07 July 2020) NA
Chad (Last reviewed 02 September 2020) NA
Chile (Last reviewed 02 June 2020) NA
China, People's Republic of (Last reviewed 30 June 2020) NA
Colombia (Last reviewed 07 July 2020) 1
Congo, Democratic Republic of the (Last reviewed 16 August 2020) NA
Congo, Republic of (Last reviewed 29 July 2020) NP
Costa Rica (Last reviewed 18 August 2020) Costa Rica does not have a net wealth/worth tax.
Croatia (Last reviewed 30 July 2020) NA
Cyprus (Last reviewed 30 June 2020) NA
Czech Republic (Last reviewed 20 July 2020) NA
Denmark (Last reviewed 03 August 2020) NA
Dominican Republic (Last reviewed 07 July 2020) NA
Ecuador (Last reviewed 15 July 2020) 0.15
Egypt (Last reviewed 27 September 2020) NA
El Salvador (Last reviewed 07 July 2020) NA
Equatorial Guinea (Last reviewed 01 September 2020) NA
Estonia (Last reviewed 23 June 2020) NA
Fiji (Last reviewed 14 July 2020) NA
Finland (Last reviewed 30 June 2020) NA
France (Last reviewed 16 September 2019) 1.5
Gabon (Last reviewed 16 September 2020) NP
Georgia (Last reviewed 23 June 2020) NA
Germany (Last reviewed 09 July 2020) NA
Ghana (Last reviewed 09 July 2020) NA
Gibraltar (Last reviewed 30 July 2020) NA
Greece (Last reviewed 30 June 2020) NA
Greenland (Last reviewed 02 June 2020) NA
Guatemala (Last reviewed 08 July 2020) NP
Guernsey, Channel Islands (Last reviewed 20 August 2020) NA
Guyana (Last reviewed 07 July 2020) NA
Honduras (Last reviewed 17 August 2020) NP
Hong Kong SAR (Last reviewed 30 June 2020) NA
Hungary (Last reviewed 20 April 2020) N/A
Iceland (Last reviewed 09 July 2020) NA
India (Last reviewed 14 May 2020) NA
Indonesia (Last reviewed 29 June 2020) NA
Iraq (Last reviewed 02 June 2020) NA
Ireland (Last reviewed 10 August 2020) NA
Isle of Man (Last reviewed 24 August 2020) NA
Israel (Last reviewed 28 June 2020) NA
Italy (Last reviewed 02 July 2020) 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 01 September 2020) NP
Jamaica (Last reviewed 19 August 2020) NA
Annual Property (real estate) Tax: 0.5% - 0.9% on unimproved real estate value
Japan (Last reviewed 01 September 2020) NA
Jersey, Channel Islands (Last reviewed 07 July 2020) NA
Jordan (Last reviewed 21 July 2020) NA
Kazakhstan (Last reviewed 02 July 2020) NA
Kenya (Last reviewed 03 August 2020) NP
Korea, Republic of (Last reviewed 30 June 2020) NA
Kosovo (Last reviewed 31 August 2020) NA
Kuwait (Last reviewed 07 July 2020) NA
Kyrgyzstan (Last reviewed 30 June 2020) NA
Lao PDR (Last reviewed 08 July 2020) NA
Latvia (Last reviewed 07 July 2020) NA
Lebanon (Last reviewed 23 July 2020) NA
Libya (Last reviewed 09 July 2020) NA
Liechtenstein (Last reviewed 18 June 2020) 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 27 July 2020) NA
Luxembourg (Last reviewed 02 July 2020) NA
Macau SAR (Last reviewed 28 July 2020) NA
Madagascar (Last reviewed 03 August 2020) NA
Malawi (Last reviewed 15 July 2020) NA
Malaysia (Last reviewed 01 July 2020) NA
Maldives, Republic of (Last reviewed 03 August 2020) NA
Malta (Last reviewed 15 July 2020) NA
Mauritania (Last reviewed 03 August 2020) NA
Mauritius (Last reviewed 05 August 2020) NA
Mexico (Last reviewed 08 July 2020) NA
Moldova (Last reviewed 02 July 2020) 0.8
Mongolia (Last reviewed 04 August 2020) NA
Montenegro (Last reviewed 29 July 2020) NA
Morocco (Last reviewed 14 September 2020) NP
Mozambique (Last reviewed 30 July 2020) NP
Myanmar (Last reviewed 04 August 2020) NA
Namibia, Republic of (Last reviewed 08 June 2020) NA
Netherlands (Last reviewed 06 July 2020) The Netherlands have no tax on wealth, but they do have a tax on a fixed return on wealth. The headline effective tax rate is 1.60% on the worth of a person's savings and investments.
New Zealand (Last reviewed 02 October 2020) NA
Nicaragua (Last reviewed 07 July 2020) NA
Nigeria (Last reviewed 17 July 2020) NA
North Macedonia (Last reviewed 30 July 2020) NP
Norway (Last reviewed 13 July 2020) 0.85
Oman (Last reviewed 26 April 2020) NA
Pakistan (Last reviewed 25 July 2020) NA
Palestinian territories (Last reviewed 21 June 2020) NA
Panama (Last reviewed 29 June 2020) NA
Papua New Guinea (Last reviewed 23 June 2020) NA
Paraguay (Last reviewed 31 August 2020) NP
Peru (Last reviewed 17 July 2020) NP
Philippines (Last reviewed 30 June 2020) NA
Poland (Last reviewed 10 July 2020) NA
Portugal (Last reviewed 30 July 2020) NA
Puerto Rico (Last reviewed 30 June 2020) NA
Qatar (Last reviewed 24 September 2020) NA
Romania (Last reviewed 21 July 2020) NA
Russian Federation (Last reviewed 22 September 2020) NA
Rwanda (Last reviewed 30 July 2020) NA
Saint Lucia (Last reviewed 06 October 2020) NA
Saudi Arabia (Last reviewed 27 June 2020) NA
Senegal (Last reviewed 10 July 2020) NA
Serbia (Last reviewed 29 July 2020) NA
Singapore (Last reviewed 21 September 2020) NA
Slovak Republic (Last reviewed 29 September 2020) NA
Slovenia (Last reviewed 04 August 2020) NA
South Africa (Last reviewed 30 June 2020) NA
Spain (Last reviewed 16 July 2020) 2.5% 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
Swaziland (Last reviewed 21 April 2020) NA
Sweden (Last reviewed 06 July 2020) NA
Switzerland (Last reviewed 09 July 2020) Federal: Exempt;
Cantonal and communal personal net wealth tax rate varies per canton, resulting in an overall personal net wealth tax rate between 0.15% and 1.01%.
Taiwan (Last reviewed 15 July 2020) NA
Tajikistan (Last reviewed 13 July 2020) NA
Tanzania (Last reviewed 21 August 2020) NA
Thailand (Last reviewed 20 July 2020) NA
Timor-Leste (Last reviewed 18 August 2020) NA
Trinidad and Tobago (Last reviewed 09 July 2020) NA
Tunisia (Last reviewed 31 July 2020) NA
Turkey (Last reviewed 16 October 2020) NA
Turkmenistan (Last reviewed 14 August 2020) NA
Uganda (Last reviewed 01 October 2020) NA
Ukraine (Last reviewed 30 June 2020) NA
United Arab Emirates (Last reviewed 31 July 2020) NA
United Kingdom (Last reviewed 10 July 2020) NA
United States (Last reviewed 31 July 2020) NA
Uruguay (Last reviewed 01 July 2020) 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: 0.4% to 0.7%.
Uzbekistan, Republic of (Last reviewed 28 April 2020) NA
Venezuela (Last reviewed 02 September 2020) 0.25
Vietnam (Last reviewed 17 August 2020) NA
Zambia (Last reviewed 20 August 2020) NA
Zimbabwe (Last reviewed 29 September 2020) 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.