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 21 June 2022) NA
Algeria (Last reviewed 01 June 2022) 1
Angola (Last reviewed 19 July 2022) NA
Argentina (Last reviewed 17 February 2022) 0.50% to 1.25% for assets held in Argentina and 0.7% to 2.25% for assets held abroad.
Armenia (Last reviewed 07 June 2022) NA
Australia (Last reviewed 27 June 2022) NA
Austria (Last reviewed 23 June 2022) NA
Azerbaijan (Last reviewed 14 July 2022) NP
Bahrain (Last reviewed 24 July 2022) NA
Barbados (Last reviewed 01 February 2022) NA
Belgium (Last reviewed 04 August 2022) 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 1 million EUR.
Bermuda (Last reviewed 10 January 2022) NA
Bolivia (Last reviewed 15 July 2022) 2.4
Bosnia and Herzegovina (Last reviewed 03 February 2022) NP
Botswana (Last reviewed 14 July 2022) NA
Brazil (Last reviewed 10 March 2022) NA
Bulgaria (Last reviewed 03 February 2022) NA
Cabo Verde (Last reviewed 29 July 2022) NP
Cambodia (Last reviewed 20 January 2022) NA
Cameroon, Republic of (Last reviewed 11 April 2022) NA
Canada (Last reviewed 23 June 2022) NA
Cayman Islands (Last reviewed 04 August 2022) NA
Chad (Last reviewed 11 April 2022) NA
Chile (Last reviewed 21 July 2022) NA
China, People's Republic of (Last reviewed 29 June 2022) NA
Colombia (Last reviewed 08 August 2022) 1
Congo, Democratic Republic of the (Last reviewed 08 February 2022) NA
Congo, Republic of (Last reviewed 30 June 2022) NP
Costa Rica (Last reviewed 03 February 2022) Costa Rica does not have a net wealth/worth tax.
Croatia (Last reviewed 14 July 2022) NA
Cyprus (Last reviewed 30 June 2022) NA
Czech Republic (Last reviewed 19 July 2022) NA
Denmark (Last reviewed 18 February 2022) NA
Dominican Republic (Last reviewed 14 July 2022) NA
Ecuador (Last reviewed 21 July 2022) 0.15
Egypt (Last reviewed 29 June 2022) NA
El Salvador (Last reviewed 14 July 2022) NA
Equatorial Guinea (Last reviewed 01 March 2022) NA
Estonia (Last reviewed 16 December 2021) NA
Eswatini (Last reviewed 20 June 2022) NA
Fiji (Last reviewed 19 July 2022) NA
Finland (Last reviewed 03 August 2022) NA
France (Last reviewed 21 July 2022) 1.5
Gabon (Last reviewed 28 July 2022) NP
Georgia (Last reviewed 04 January 2022) NA
Germany (Last reviewed 30 June 2022) NA
Ghana (Last reviewed 18 July 2022) NA
Gibraltar (Last reviewed 10 December 2021) NA
Greece (Last reviewed 10 February 2022) NA
Greenland (Last reviewed 01 June 2022) NA
Guatemala (Last reviewed 18 July 2022) NP
Guernsey, Channel Islands (Last reviewed 21 June 2022) NA
Guyana (Last reviewed 18 July 2022) NA
Honduras (Last reviewed 25 July 2022) NP
Hong Kong SAR (Last reviewed 30 June 2022) NA
Hungary (Last reviewed 18 July 2022) N/A
Iceland (Last reviewed 20 July 2022) NA
India (Last reviewed 24 May 2022) NA
Indonesia (Last reviewed 22 June 2022) NA
Iraq (Last reviewed 19 July 2022) NA
Ireland (Last reviewed 29 June 2022) NA
Isle of Man (Last reviewed 15 December 2021) NA
Israel (Last reviewed 01 July 2022) NA
Italy (Last reviewed 08 August 2022) 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 21 March 2022) NP
Jamaica (Last reviewed 18 February 2022) NA
Japan (Last reviewed 08 August 2022) NA
Jersey, Channel Islands (Last reviewed 22 July 2022) NA
Jordan (Last reviewed 30 June 2022) NA
Kazakhstan (Last reviewed 01 August 2022) NA
Kenya (Last reviewed 21 January 2022) NP
Korea, Republic of (Last reviewed 01 June 2022) NA
Kosovo (Last reviewed 19 July 2022) NA
Kuwait (Last reviewed 13 January 2022) NA
Kyrgyzstan (Last reviewed 02 March 2022) NA
Lao PDR (Last reviewed 08 August 2022) NA
Latvia (Last reviewed 19 July 2022) NA
Lebanon (Last reviewed 22 July 2022) NA
Libya (Last reviewed 19 July 2022) NA
Liechtenstein (Last reviewed 24 June 2022) 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 03 March 2022) NA
Luxembourg (Last reviewed 19 July 2022) 0.5% up to EUR 500Mio and 0.05% for the threshold above
Macau SAR (Last reviewed 19 July 2022) NA
Madagascar (Last reviewed 04 August 2022) NA
Malawi (Last reviewed 21 July 2022) NA
Malaysia (Last reviewed 13 June 2022) NA
Maldives, Republic of (Last reviewed 06 August 2022) NA
Malta (Last reviewed 18 January 2022) NA
Mauritania (Last reviewed 07 April 2022) NA
Mauritius (Last reviewed 14 January 2022) NA
Mexico (Last reviewed 05 July 2022) NA
Moldova (Last reviewed 06 July 2022) 0.8
Mongolia (Last reviewed 09 June 2022) NA
Montenegro (Last reviewed 07 June 2022) NA
Morocco (Last reviewed 02 September 2021) NP
Mozambique (Last reviewed 25 June 2022) NP
Myanmar (Last reviewed 26 July 2022) NA
Namibia, Republic of (Last reviewed 02 June 2022) NA
Netherlands (Last reviewed 01 July 2022) 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 21 July 2022) NA
Nicaragua (Last reviewed 01 July 2022) NA
Nigeria (Last reviewed 28 July 2022) NA
North Macedonia (Last reviewed 18 July 2022) NP
Norway (Last reviewed 08 August 2022) 1.1
Oman (Last reviewed 19 July 2022) NA
Pakistan (Last reviewed 22 July 2022) NA
Palestinian territories (Last reviewed 08 June 2022) NA
Panama (Last reviewed 18 July 2022) NA
Papua New Guinea (Last reviewed 03 June 2022) NA
Paraguay (Last reviewed 18 July 2022) NA
Peru (Last reviewed 08 August 2022) NP
Philippines (Last reviewed 30 June 2022) NA
Poland (Last reviewed 10 June 2022) NA
Portugal (Last reviewed 08 August 2022) NA
Puerto Rico (Last reviewed 21 February 2022) NA
Qatar (Last reviewed 17 April 2022) NA
Romania (Last reviewed 04 August 2022) NA
Rwanda (Last reviewed 20 July 2022) NA
Saint Lucia (Last reviewed 01 February 2022) NA
Saudi Arabia (Last reviewed 21 June 2022) NA
Senegal (Last reviewed 19 January 2022) NA
Serbia (Last reviewed 07 June 2022) NA
Singapore (Last reviewed 27 March 2022) NA
Slovak Republic (Last reviewed 10 February 2022) NA
Slovenia (Last reviewed 22 July 2022) NA
South Africa (Last reviewed 30 June 2022) NA
Spain (Last reviewed 27 January 2022) 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 29 June 2022) NA
Sweden (Last reviewed 20 July 2022) NA
Switzerland (Last reviewed 12 July 2022) 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 27 June 2022) NA
Tajikistan (Last reviewed 30 June 2022) NA
Tanzania (Last reviewed 03 February 2022) NA
Thailand (Last reviewed 20 July 2022) NA
Timor-Leste (Last reviewed 21 February 2022) NA
Trinidad and Tobago (Last reviewed 19 July 2022) NA
Tunisia (Last reviewed 22 July 2022) NA
Turkey (Last reviewed 21 February 2022) NA
Turkmenistan (Last reviewed 01 August 2022) NA
Uganda (Last reviewed 21 January 2022) NA
Ukraine (Last reviewed 30 June 2022) NA
United Arab Emirates (Last reviewed 04 March 2022) NA
United Kingdom (Last reviewed 27 July 2022) NA
United States (Last reviewed 01 August 2022) NA
Uruguay (Last reviewed 08 August 2022) 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 01 August 2022) NA
Venezuela (Last reviewed 30 June 2022) 0.25
Vietnam (Last reviewed 28 July 2022) NA
Zambia (Last reviewed 01 June 2022) NA
Zimbabwe (Last reviewed 22 July 2022) 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.