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 07 August 2023) NA
Algeria (Last reviewed 31 May 2023) 1
Angola (Last reviewed 05 July 2023) NA
Argentina (Last reviewed 22 September 2023) 0.50% to 1.75% for assets held in Argentina and 0.7% to 2.25% for assets held abroad.
Armenia (Last reviewed 11 July 2023) NA
Australia (Last reviewed 29 June 2023) NA
Austria (Last reviewed 13 July 2023) NA
Azerbaijan (Last reviewed 04 September 2023) NP
Bahrain (Last reviewed 13 September 2023) NA
Barbados (Last reviewed 03 August 2023) NA
Belgium (Last reviewed 27 July 2023) 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 29 June 2023) NA
Bolivia (Last reviewed 01 August 2023) 2.4
Bosnia and Herzegovina (Last reviewed 21 April 2023) NP
Botswana (Last reviewed 14 July 2022) NA
Brazil (Last reviewed 26 December 2022) NA
Bulgaria (Last reviewed 16 January 2023) NA
Cabo Verde (Last reviewed 14 July 2023) NP
Cambodia (Last reviewed 04 September 2023) NA
Cameroon, Republic of (Last reviewed 01 August 2023) NA
Canada (Last reviewed 15 June 2023) NA
Cayman Islands (Last reviewed 12 July 2023) NA
Chad (Last reviewed 05 February 2023) NA
Chile (Last reviewed 13 June 2023) NA
China, People's Republic of (Last reviewed 28 June 2023) NA
Colombia (Last reviewed 03 August 2023) 1.5% until 2026;
1% 2027 onwards
Congo, Democratic Republic of the (Last reviewed 31 December 2022) NA
Congo, Republic of (Last reviewed 16 July 2023) NP
Costa Rica (Last reviewed 19 June 2023) Costa Rica does not have a net wealth/worth tax.
Croatia (Last reviewed 30 June 2023) NA
Cyprus (Last reviewed 28 June 2023) NA
Czech Republic (Last reviewed 27 July 2023) NA
Denmark (Last reviewed 08 August 2023) NA
Dominican Republic (Last reviewed 12 January 2023) NA
Ecuador (Last reviewed 01 September 2023) 0.15
Egypt (Last reviewed 14 September 2023) NA
El Salvador (Last reviewed 18 July 2023) NA
Equatorial Guinea (Last reviewed 02 August 2023) NA
Estonia (Last reviewed 08 August 2023) NA
Eswatini (Last reviewed 31 January 2023) NA
Ethiopia (Last reviewed 07 December 2022) NA
Fiji (Last reviewed 13 July 2023) NA
Finland (Last reviewed 03 February 2023) NA
France (Last reviewed 01 August 2023) 1.5
Gabon (Last reviewed 14 July 2023) NP
Georgia (Last reviewed 19 July 2023) NA
Germany (Last reviewed 30 June 2023) NA
Ghana (Last reviewed 15 August 2023) NA
Gibraltar (Last reviewed 05 September 2023) NA
Greece (Last reviewed 02 August 2023) NA
Greenland (Last reviewed 08 June 2023) NA
Guatemala (Last reviewed 01 June 2023) NP
Guernsey, Channel Islands (Last reviewed 30 June 2023) NA
Guyana (Last reviewed 01 September 2023) NA
Honduras (Last reviewed 18 July 2023) NP
Hong Kong SAR (Last reviewed 28 June 2023) NA
Hungary (Last reviewed 11 July 2023) N/A
Iceland (Last reviewed 30 June 2023) NA
India (Last reviewed 13 June 2023) NA
Indonesia (Last reviewed 23 June 2023) NA
Iraq (Last reviewed 06 June 2023) NA
Ireland (Last reviewed 18 July 2023) NA
Isle of Man (Last reviewed 30 June 2023) NA
Israel (Last reviewed 30 June 2023) NA
Italy (Last reviewed 02 August 2023) 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 11 June 2023) NA
Japan (Last reviewed 31 July 2023) NA
Jersey, Channel Islands (Last reviewed 14 July 2023) NA
Jordan (Last reviewed 07 June 2023) NA
Kazakhstan (Last reviewed 01 July 2023) NA
Kenya (Last reviewed 03 March 2023) NP
Korea, Republic of (Last reviewed 27 June 2023) NA
Kosovo (Last reviewed 03 August 2023) NA
Kuwait (Last reviewed 16 July 2023) NA
Kyrgyzstan (Last reviewed 02 August 2023) NA
Lao PDR (Last reviewed 17 July 2023) NA
Latvia (Last reviewed 03 July 2023) NA
Lebanon (Last reviewed 08 June 2023) NA
Libya (Last reviewed 16 July 2023) NA
Liechtenstein (Last reviewed 10 July 2023) 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 2023) NA
Luxembourg (Last reviewed 05 July 2023) 0.5% up to EUR 500 million and 0.05% for any amount in excess of EUR 500 million.
Macau SAR (Last reviewed 16 July 2023) NA
Madagascar (Last reviewed 01 June 2023) NA
Malawi (Last reviewed 21 April 2023) NA
Malaysia (Last reviewed 27 June 2023) NA
Maldives, Republic of (Last reviewed 10 September 2023) NA
Malta (Last reviewed 11 August 2023) NA
Mauritania (Last reviewed 01 August 2023) NA
Mauritius (Last reviewed 18 September 2023) NA
Mexico (Last reviewed 01 September 2023) NA
Moldova (Last reviewed 14 July 2023) 0.8
Mongolia (Last reviewed 19 June 2023) NA
Montenegro (Last reviewed 21 April 2023) NA
Morocco (Last reviewed 04 April 2023) NP
Mozambique (Last reviewed 02 August 2023) NA
Myanmar (Last reviewed 07 August 2023) NA
Namibia, Republic of (Last reviewed 03 July 2023) NA
Netherlands (Last reviewed 30 June 2023) The Netherlands have no tax on wealth, but they do have a tax on a fixed return on wealth.
New Zealand (Last reviewed 03 August 2023) NA
Nicaragua (Last reviewed 18 July 2023) NA
Nigeria (Last reviewed 01 September 2023) NA
North Macedonia (Last reviewed 03 July 2023) NP
Norway (Last reviewed 17 July 2023) 1.0 (1.1 on wealth exceeding NOK 20m)
Oman (Last reviewed 11 July 2023) NA
Pakistan (Last reviewed 07 July 2023) 1
Palestinian territories (Last reviewed 18 July 2023) NA
Panama (Last reviewed 14 June 2023) NA
Papua New Guinea (Last reviewed 02 September 2023) NA
Paraguay (Last reviewed 06 February 2023) NA
Peru (Last reviewed 20 July 2023) NP
Philippines (Last reviewed 01 July 2023) NA
Poland (Last reviewed 08 August 2023) NA
Portugal (Last reviewed 06 July 2023) NA
Puerto Rico (Last reviewed 03 March 2023) NA
Qatar (Last reviewed 04 April 2023) NA
Romania (Last reviewed 20 February 2023) NA
Rwanda (Last reviewed 18 July 2023) NA
Saint Lucia (Last reviewed 08 February 2023) NA
Saudi Arabia (Last reviewed 01 July 2023) NA
Senegal (Last reviewed 16 August 2023) NA
Serbia (Last reviewed 21 April 2023) NA
Singapore (Last reviewed 04 May 2023) NA
Slovak Republic (Last reviewed 04 December 2022) NA
Slovenia (Last reviewed 05 June 2023) NA
South Africa (Last reviewed 27 June 2023) NA
Spain (Last reviewed 30 June 2023) 3.5% according to the state tax scale, which is applicable if the autonomous community has not approved its own tax scale.
Sri Lanka (Last reviewed 02 August 2023) NA
Sweden (Last reviewed 13 June 2023) NA
Switzerland (Last reviewed 20 July 2023) 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 30 June 2023) NA
Tajikistan (Last reviewed 26 June 2023) NA
Tanzania (Last reviewed 06 January 2023) NA
Thailand (Last reviewed 12 July 2023) NA
Timor-Leste (Last reviewed 28 April 2023) NA
Trinidad and Tobago (Last reviewed 01 September 2023) NA
Tunisia (Last reviewed 07 June 2023) 0.5
Turkey (Last reviewed 26 July 2023) NA
Turkmenistan (Last reviewed 23 June 2023) NA
Uganda (Last reviewed 04 September 2023) NA
Ukraine (Last reviewed 30 June 2023) N/A
United Arab Emirates (Last reviewed 04 September 2023) NA
United Kingdom (Last reviewed 29 June 2023) NA
United States (Last reviewed 08 August 2023) NA
Uruguay (Last reviewed 06 July 2023) 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 0.3%.
Uzbekistan, Republic of (Last reviewed 06 July 2023) NA
Venezuela (Last reviewed 07 February 2023) 0.25
Vietnam (Last reviewed 03 April 2023) NA
Zambia (Last reviewed 29 June 2023) NA
Zimbabwe (Last reviewed 19 May 2023) 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.