Rate of Estate or Inheritance Tax in few Countries
If reintroduced, what will be rate of estate duty?
Let us have a look at the Rate of Estate or Inheritance Tax in few Countries
(OECD Countries)
Ranking | Country | Tax Rate |
1 | Japan | 55% |
2 | South Korea | 50% |
3 | France | 45% |
4 | United Kingdom | 40% |
4 | United States | 40% |
6 | Spain | 34% |
7 | Ireland | 33% |
8 | Belgium | 30% |
8 | Germany | 30% |
10 | Chile | 25% |
11 | Greece | 20% |
11 | Netherlands | 20% |
13 | Finland | 19% |
14 | Denmark | 15% |
15 | Iceland | 10% |
15 | Turkey | 10% |
17 | Poland | 7% |
17 | Switzerland[1] | 7% |
19 | Italy | 4% |
20 | Luxembourg[2] | 0% |
20 | Serbia | 0% |
20 | Slovenia | 0% |
20 | Australia | 0% |
20 | Austria | 0% |
20 | Canada | 0% |
20 | Estonia | 0% |
20 | Israel | 0% |
20 | Mexico | 0% |
20 | New Zealand | 0% |
20 | Norway | 0% |
20 | Portugal | 0% |
20 | Slovak Republic | 0% |
20 | Sweden | 0% |
20 | Hungary[3] | 0% |
OECD Simple Average | 15% |