Inheritance and Gift Tax

Understand succession tax and gift tax in Switzerland…

Inheritance or gift taxes are levied by almost all cantons, but are not imposed at a federal level. It is the domiciliation canton of the deceased or donor which determines the rates.

Resident foreigners are subject to inheritance and gift tax on worldwide assets in most cantons in Switzerland. Double taxation can be prevented if there is a tax treaty between the countries.

Succession Tax

A person inheriting an estate should pay inheritance tax, unless exempt. The tax levied depends on the degree of relationship of the inheritor.

Gift Tax

The recipient of a gift has to pay gift tax, which is calculated on its value. It has to be declared in a separate tax return as a gift, and be declared as wealth in the usual tax return. The tax is due within a set time, and the cantonal tax administration of the donor can provide more information.