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 February 2020) NA
Algeria (Last reviewed 01 June 2020) 1.75
Angola (Last reviewed 14 January 2020) NA
Argentina (Last reviewed 18 February 2020) 0.75
Armenia (Last reviewed 17 January 2020) NA
Australia (Last reviewed 20 December 2019) NA
Austria (Last reviewed 07 January 2020) NA
Azerbaijan (Last reviewed 11 February 2020) NP
Bahrain (Last reviewed 08 January 2020) NA
Barbados (Last reviewed 16 December 2019) NA
Belarus (Last reviewed 27 January 2020) NA
Belgium (Last reviewed 11 February 2020) 0.15 (on securities accounts that exceed EUR 500,000)
Bermuda (Last reviewed 10 February 2020) NA
Bolivia (Last reviewed 27 December 2019) NP
Bosnia and Herzegovina (Last reviewed 13 February 2020) NP
Botswana (Last reviewed 24 January 2020) NA
Brazil (Last reviewed 07 January 2020) NA
Bulgaria (Last reviewed 04 February 2020) NA
Cabo Verde (Last reviewed 10 January 2020) NP
Cambodia (Last reviewed 08 January 2020) NA
Cameroon, Republic of (Last reviewed 23 January 2020) NA
Canada (Last reviewed 16 December 2019) NA
Cayman Islands (Last reviewed 07 January 2020) NA
Chad (Last reviewed 04 February 2020) NA
Chile (Last reviewed 29 January 2020) NA
China, People's Republic of (Last reviewed 30 December 2019) NA
Colombia (Last reviewed 05 February 2020) 1
Congo, Democratic Republic of the (Last reviewed 29 January 2020) NA
Congo, Republic of (Last reviewed 31 December 2019) NP
Costa Rica (Last reviewed 20 December 2019) NA
Croatia (Last reviewed 20 February 2020) NA
Cyprus (Last reviewed 05 February 2020) NA
Czech Republic (Last reviewed 09 January 2020) NA
Denmark (Last reviewed 19 February 2020) NA
Dominican Republic (Last reviewed 08 January 2020) NA
Ecuador (Last reviewed 10 February 2020) 0.15
Egypt (Last reviewed 16 January 2020) NA
El Salvador (Last reviewed 20 December 2019) NA
Equatorial Guinea (Last reviewed 26 February 2020) NA
Estonia (Last reviewed 03 January 2020) NA
Fiji (Last reviewed 27 January 2020) NA
Finland (Last reviewed 29 December 2019) NA
France (Last reviewed 16 September 2019) 1.5
Gabon (Last reviewed 04 February 2020) NP
Georgia (Last reviewed 15 January 2020) NA
Germany (Last reviewed 10 January 2020) NA
Ghana (Last reviewed 06 February 2020) NA
Gibraltar (Last reviewed 12 February 2020) NA
Greece (Last reviewed 28 January 2020) NA
Greenland (Last reviewed 09 January 2020) NA
Guatemala (Last reviewed 23 January 2020) NP
Guernsey, Channel Islands (Last reviewed 06 January 2020) NA
Guyana (Last reviewed 10 February 2020) NA
Honduras (Last reviewed 10 January 2020) NP
Hong Kong SAR (Last reviewed 30 December 2019) NA
Hungary (Last reviewed 15 January 2020) NA
Iceland (Last reviewed 05 February 2020) NA
India (Last reviewed 14 May 2020) NA
Indonesia (Last reviewed 20 December 2019) NA
Iraq (Last reviewed 24 November 2019) NA
Ireland (Last reviewed 04 February 2020) NA
Isle of Man (Last reviewed 09 January 2020) NA
Israel (Last reviewed 25 January 2020) NA
Italy (Last reviewed 14 February 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 13 February 2020) NP
Jamaica (Last reviewed 01 January 2020) NA
Japan (Last reviewed 27 December 2019) NA
Jersey, Channel Islands (Last reviewed 07 January 2020) NA
Jordan (Last reviewed 12 December 2019) NA
Kazakhstan (Last reviewed 27 December 2019) NA
Kenya (Last reviewed 26 February 2020) NP
Korea, Republic of (Last reviewed 02 December 2019) NA
Kosovo (Last reviewed 14 February 2020) NA
Kuwait (Last reviewed 12 January 2020) NA
Kyrgyzstan (Last reviewed 14 January 2020) NA
Lao PDR (Last reviewed 06 February 2020) NA
Latvia (Last reviewed 10 January 2020) NA
Lebanon (Last reviewed 09 January 2020) NA
Libya (Last reviewed 22 November 2019) NA
Liechtenstein (Last reviewed 20 December 2019) 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 04 February 2020) NA
Luxembourg (Last reviewed 16 January 2020) NA
Macau SAR (Last reviewed 13 January 2020) NA
Madagascar (Last reviewed 04 February 2020) NA
Malawi (Last reviewed 04 March 2020) NA
Malaysia (Last reviewed 13 January 2020) NA
Malta (Last reviewed 28 February 2020) NA
Mauritius (Last reviewed 14 January 2020) NA
Mexico (Last reviewed 21 January 2020) NA
Moldova (Last reviewed 14 February 2020) 0.8
Mongolia (Last reviewed 30 December 2019) NA
Montenegro (Last reviewed 13 February 2020) NA
Morocco (Last reviewed 06 September 2019) NP
Mozambique (Last reviewed 16 December 2019) NP
Myanmar (Last reviewed 22 January 2020) NA
Namibia, Republic of (Last reviewed 13 December 2019) NA
Netherlands (Last reviewed 19 December 2019) 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 16 December 2019) NP
Nicaragua (Last reviewed 08 December 2019) NA
Nigeria (Last reviewed 28 January 2020) NA
North Macedonia (Last reviewed 03 March 2020) NP
Norway (Last reviewed 30 January 2020) 0.85
Oman (Last reviewed 26 April 2020) NA
Pakistan (Last reviewed 31 December 2019) NA
Palestinian territories (Last reviewed 12 January 2020) NA
Panama (Last reviewed 31 December 2019) NA
Papua New Guinea (Last reviewed 17 December 2019) NA
Paraguay (Last reviewed 11 February 2020) NP
Peru (Last reviewed 27 January 2020) NP
Philippines (Last reviewed 31 December 2019) NA
Poland (Last reviewed 19 December 2019) NA
Portugal (Last reviewed 13 January 2020) NA
Puerto Rico (Last reviewed 04 February 2020) NA
Qatar (Last reviewed 10 December 2019) NA
Romania (Last reviewed 05 March 2020) NA
Russian Federation (Last reviewed 31 December 2019) NA
Rwanda (Last reviewed 22 January 2020) NA
Saint Lucia (Last reviewed 03 January 2020) NA
Saudi Arabia (Last reviewed 27 December 2019) NA
Senegal (Last reviewed 29 January 2020) NA
Serbia (Last reviewed 13 February 2020) NA
Singapore (Last reviewed 06 February 2020) NA
Slovak Republic (Last reviewed 04 February 2020) NA
Slovenia (Last reviewed 10 January 2020) NA
South Africa (Last reviewed 13 December 2019) NA
Spain (Last reviewed 31 December 2019) 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 February 2020) NA
Swaziland (Last reviewed 21 April 2020) NA
Sweden (Last reviewed 14 January 2020) NA
Switzerland (Last reviewed 31 December 2019) 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 18 February 2020) NA
Tajikistan (Last reviewed 14 January 2020) NA
Tanzania (Last reviewed 22 November 2019) NA
Thailand (Last reviewed 14 January 2020) NA
Timor-Leste (Last reviewed 12 February 2020) NA
Trinidad and Tobago (Last reviewed 04 February 2020) NA
Tunisia (Last reviewed 07 February 2020) NA
Turkey (Last reviewed 22 January 2020) NA
Turkmenistan (Last reviewed 22 January 2020) NA
Turks and Caicos Islands (Last reviewed 13 January 2020) NA
Uganda (Last reviewed 13 December 2019) NA
Ukraine (Last reviewed 27 December 2019) NA
United Arab Emirates (Last reviewed 04 February 2020) NA
United Kingdom (Last reviewed 27 January 2020) NA
United States (Last reviewed 14 January 2020) NA
Uruguay (Last reviewed 29 December 2019) 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 20 February 2020) NA
Vietnam (Last reviewed 31 January 2020) NA
Zambia (Last reviewed 14 February 2020) NA
Zimbabwe (Last reviewed 22 November 2019) 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.