Table 1. Top Estate or Inheritance Tax Rates to Lineal Heirs in the OECD

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

7%

19

Italy

4%

20

Luxembourg

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

0%

OECD Simple Average

15%

Source: Family Business Coalition.