{"id":1547258,"date":"2025-07-16T08:15:00","date_gmt":"2025-07-16T12:15:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1547258"},"modified":"2025-07-16T08:15:00","modified_gmt":"2025-07-16T12:15:00","slug":"what-are-inheritance-and-gift-taxes-like-in-europe","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/what-are-inheritance-and-gift-taxes-like-in-europe\/1547258\/","title":{"rendered":"What Are Inheritance And Gift Taxes Like In Europe?"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">What Are Inheritance And Gift Taxes Like In Europe?<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><strong>An estimated $2 to $3 trillion were inherited globally in 2024<\/strong>, according to consulting firm\u00a0<a href=\"https:\/\/www.ey.com\/en_ch\/newsroom\/2024\/05\/inheritances-trillions-on-the-move\">EY<\/a>. As EY analysts highlight, the impending inheritance to be passed on from the baby boomer generation will marks the biggest transfer of wealth in modern financial history.<\/p>\n<p>Against this backdrop, we&#8217;re turning our attention to the topic inheritance and gift taxes.<\/p>\n<p><a href=\"https:\/\/www.statista.com\/chart\/34796\/estate-inheritance-and-gift-tax-levies-in-european-countries-as-of-2024\/\">Statista&#8217;s Anna Fleck reports<\/a> that\u00a0<a href=\"https:\/\/taxfoundation.org\/data\/all\/eu\/estate-taxes-inheritance-taxes-gift-taxes-europe\/\">data<\/a>\u00a0compiled by the Tax Foundation (as of 2024) reveals that <strong>the approach to inheritance and gift tax varies considerably across Europe<\/strong>.<\/p>\n<p><a href=\"https:\/\/www.statista.com\/chart\/34796\/estate-inheritance-and-gift-tax-levies-in-european-countries-as-of-2024\/\" title=\"Infographic: What Are Inheritance and Gift Taxes Like in Europe? | Statista\"><\/a><\/p>\n<p><em>You will find more infographics at <a href=\"https:\/\/www.statista.com\/chartoftheday\/\">Statista<\/a><\/em><\/p>\n<p><strong>In France, tax rates generally range from 5 percent to 45 percent, <\/strong>depending on the value of the transfer and the degree of kinship, but can climb as high as 60 percent for distant relatives.<\/p>\n<p>The <strong>range is similar in Germany<\/strong>, where rates vary from 7 percent to 50 percent, depending on the amount and relationship between the parties.<\/p>\n<p><strong>Only two other European countries have higher top rates: <\/strong>Belgium (3 percent to 80 percent) and Spain (7.7 percent to 87.6 percent).<\/p>\n<p>In the UK, the range is narrower, with rates between 20 percent and 40 percent, while Ireland applies a flat rate of 33 percent.<\/p>\n<p>At the other end of the spectrum, <strong>some of the lowest inheritance and gift tax rates in\u00a0<a href=\"https:\/\/www.statista.com\/topics\/12031\/taxation-in-europe\/\">Europe<\/a>\u00a0can be found in Bulgaria (0.4 percent to 6.6 percent), Croatia (4 percent), Italy (4 percent to 8 percent),<\/strong> Lithuania (5 percent to 10 percent), Iceland (10 percent), Portugal and Poland (both with 0 percent to 20 percent).<\/p>\n<p>Around ten other European countries &#8211; including Sweden, Norway, Austria, Estonia, and Romania &#8211; do not impose any inheritance or gift taxes at all.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Wed, 07\/16\/2025 &#8211; 04:15<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/personal-finance\/what-are-inheritance-and-gift-taxes-europe\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/personal-finance\/what-are-inheritance-and-gift-taxes-europe<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Are Inheritance And Gift Taxes Like In Europe? An estimated $2 to $3 trillion were inherited globally in 2024, according to consulting firm\u00a0EY. As&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1547259,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1547258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1547258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1547258"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1547258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1547259"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1547258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1547258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1547258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}