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 24 December 2020) NA
Algeria (Last reviewed 01 February 2021) 1
Angola (Last reviewed 05 January 2021) NA
Argentina (Last reviewed 28 January 2021) 0.50% to 1.25% for assets held in Argentina and 0.7% to 2.25% for assets held abroad.
Armenia (Last reviewed 24 January 2021) NA
Australia (Last reviewed 21 December 2020) NA
Austria (Last reviewed 12 January 2021) NA
Azerbaijan (Last reviewed 10 February 2021) NP
Bahrain (Last reviewed 18 January 2021) NA
Barbados (Last reviewed 29 January 2021) NA
Belarus (Last reviewed 06 February 2021) NA
Belgium (Last reviewed 03 February 2021) The tax on the securities accounts has been annulled as of 2020 but there is currently a bill pending in Parliament which aims to introduce a new version with a rate of 0.15% (for reference periods starting on 30 October 2020).
Bermuda (Last reviewed 07 February 2021) NA
Bolivia (Last reviewed 28 January 2021) 2.4
Bosnia and Herzegovina (Last reviewed 25 February 2021) NP
Botswana (Last reviewed 12 February 2021) NA
Brazil (Last reviewed 22 February 2021) NA
Bulgaria (Last reviewed 04 January 2021) NA
Cabo Verde (Last reviewed 10 January 2021) NP
Cambodia (Last reviewed 28 January 2021) NA
Cameroon, Republic of (Last reviewed 11 February 2021) NA
Canada (Last reviewed 10 December 2020) NA
Cayman Islands (Last reviewed 03 December 2020) NA
Chad (Last reviewed 11 February 2021) NA
Chile (Last reviewed 15 December 2020) NA
China, People's Republic of (Last reviewed 05 January 2021) NA
Colombia (Last reviewed 15 February 2021) 1
Congo, Democratic Republic of the (Last reviewed 11 March 2021) NA
Congo, Republic of (Last reviewed 13 January 2021) NP
Costa Rica (Last reviewed 23 February 2021) Costa Rica does not have a net wealth/worth tax.
Croatia (Last reviewed 02 February 2021) NA
Cyprus (Last reviewed 21 December 2020) NA
Czech Republic (Last reviewed 25 January 2021) NA
Denmark (Last reviewed 15 February 2021) NA
Dominican Republic (Last reviewed 04 February 2021) NA
Ecuador (Last reviewed 25 January 2021) 0.15
Egypt (Last reviewed 28 February 2021) NA
El Salvador (Last reviewed 14 January 2021) NA
Equatorial Guinea (Last reviewed 20 February 2021) NA
Estonia (Last reviewed 26 January 2021) NA
Eswatini (Last reviewed 25 February 2021) NA
Fiji (Last reviewed 23 December 2020) NA
Finland (Last reviewed 19 January 2021) NA
France (Last reviewed 07 May 2021) 1.5
Gabon (Last reviewed 31 December 2020) NP
Georgia (Last reviewed 01 February 2021) NA
Germany (Last reviewed 13 February 2021) NA
Ghana (Last reviewed 05 February 2021) NA
Gibraltar (Last reviewed 22 December 2020) NA
Greece (Last reviewed 21 December 2020) NA
Greenland (Last reviewed 09 December 2020) NA
Guatemala (Last reviewed 04 December 2020) NP
Guernsey, Channel Islands (Last reviewed 11 March 2021) NA
Guyana (Last reviewed 22 February 2021) NA
Honduras (Last reviewed 04 February 2021) NP
Hong Kong SAR (Last reviewed 31 December 2020) NA
Hungary (Last reviewed 01 January 2021) N/A
Iceland (Last reviewed 16 February 2021) NA
India (Last reviewed 21 December 2020) NA
Indonesia (Last reviewed 29 December 2020) NA
Iraq (Last reviewed 03 December 2020) NA
Ireland (Last reviewed 11 March 2021) NA
Isle of Man (Last reviewed 09 February 2021) NA
Israel (Last reviewed 06 February 2021) NA
Italy (Last reviewed 08 February 2021) 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 09 February 2021) NP
Jamaica (Last reviewed 20 March 2021) NA
Annual Property (real estate) Tax: 0.5% - 0.9% on unimproved real estate value
Japan (Last reviewed 29 January 2021) NA
Jersey, Channel Islands (Last reviewed 01 March 2021) NA
Jordan (Last reviewed 28 December 2020) NA
Kazakhstan (Last reviewed 26 January 2021) NA
Kenya (Last reviewed 09 February 2021) NP
Korea, Republic of (Last reviewed 08 December 2020) NA
Kosovo (Last reviewed 28 January 2021) NA
Kuwait (Last reviewed 28 December 2020) NA
Kyrgyzstan (Last reviewed 24 December 2020) NA
Lao PDR (Last reviewed 15 January 2021) NA
Latvia (Last reviewed 07 January 2021) NA
Lebanon (Last reviewed 01 February 2021) NA
Libya (Last reviewed 03 December 2020) NA
Liechtenstein (Last reviewed 15 January 2021) 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 24 January 2021) NA
Luxembourg (Last reviewed 05 February 2021) NA
Macau SAR (Last reviewed 04 January 2021) NA
Madagascar (Last reviewed 10 February 2021) NA
Malawi (Last reviewed 10 February 2021) NA
Malaysia (Last reviewed 16 December 2020) NA
Maldives, Republic of (Last reviewed 26 January 2021) NA
Malta (Last reviewed 15 February 2021) NA
Mauritania (Last reviewed 25 January 2021) NA
Mauritius (Last reviewed 10 February 2021) NA
Mexico (Last reviewed 04 February 2021) NA
Moldova (Last reviewed 19 January 2021) 0.8
Mongolia (Last reviewed 26 January 2021) NA
Montenegro (Last reviewed 25 February 2021) NA
Morocco (Last reviewed 30 March 2021) NP
Mozambique (Last reviewed 08 February 2021) NP
Myanmar (Last reviewed 08 February 2021) NA
Namibia, Republic of (Last reviewed 14 January 2021) NA
Netherlands (Last reviewed 25 December 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 14 December 2020) NA
Nicaragua (Last reviewed 14 January 2021) NA
Nigeria (Last reviewed 28 January 2021) NA
North Macedonia (Last reviewed 20 January 2021) NP
Norway (Last reviewed 06 February 2021) 0.85
Oman (Last reviewed 08 December 2020) NA
Pakistan (Last reviewed 01 January 2021) NA
Palestinian territories (Last reviewed 22 December 2020) NA
Panama (Last reviewed 13 January 2021) NA
Papua New Guinea (Last reviewed 04 January 2021) NA
Paraguay (Last reviewed 31 August 2020) NA
Peru (Last reviewed 26 January 2021) NP
Philippines (Last reviewed 29 December 2020) NA
Poland (Last reviewed 09 February 2021) NA
Portugal (Last reviewed 20 January 2021) NA
Puerto Rico (Last reviewed 02 March 2021) NA
Qatar (Last reviewed 25 February 2021) NA
Romania (Last reviewed 05 March 2021) NA
Russian Federation (Last reviewed 12 February 2021) NA
Rwanda (Last reviewed 02 March 2021) NA
Saint Lucia (Last reviewed 29 January 2021) NA
Saudi Arabia (Last reviewed 31 December 2020) NA
Senegal (Last reviewed 15 January 2021) NA
Serbia (Last reviewed 25 February 2021) NA
Singapore (Last reviewed 04 February 2021) NA
Slovak Republic (Last reviewed 11 March 2021) NA
Slovenia (Last reviewed 26 January 2021) NA
South Africa (Last reviewed 10 December 2020) NA
Spain (Last reviewed 04 February 2021) 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 18 January 2021) NA
Sweden (Last reviewed 20 January 2021) NA
Switzerland (Last reviewed 06 January 2021) 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 January 2021) NA
Tajikistan (Last reviewed 19 January 2021) NA
Tanzania (Last reviewed 18 January 2021) NA
Thailand (Last reviewed 17 January 2021) NA
Timor-Leste (Last reviewed 08 February 2021) NA
Trinidad and Tobago (Last reviewed 22 February 2021) NA
Tunisia (Last reviewed 11 March 2021) NA
Turkey (Last reviewed 16 October 2020) NA
Turkmenistan (Last reviewed 18 January 2021) NA
Uganda (Last reviewed 28 January 2021) NA
Ukraine (Last reviewed 30 December 2020) NA
United Arab Emirates (Last reviewed 09 February 2021) NA
United Kingdom (Last reviewed 12 January 2021) NA
United States (Last reviewed 06 February 2021) NA
Uruguay (Last reviewed 05 January 2021) 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 22 January 2021) NA
Venezuela (Last reviewed 09 February 2021) 0.25
Vietnam (Last reviewed 25 January 2021) NA
Zambia (Last reviewed 11 February 2021) NA
Zimbabwe (Last reviewed 01 March 2021) 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.