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France taxes inheritances much more than other countries

2022-03-10T19:52:12.958Z


The tax burden on inheritances and gifts is one of the highest in the OECD zone. Decidedly, when it comes to compulsory levies, France does not fail to stand out from many countries with much higher levels. Hatred by many French people, the taxation of inheritance is a perfect illustration of this. To discover Who pays the most income tax in France? Read also Inheritance rights: “A French heritage” In 2020, the country was, together with Belgium, at the top of the list of


Decidedly, when it comes to compulsory levies, France does not fail to stand out from many countries with much higher levels.

Hatred by many French people, the taxation of inheritance is a perfect illustration of this.

To discover

  • Who pays the most income tax in France?

Read also

Inheritance rights: “A French heritage”

In 2020, the country was, together with Belgium, at the top of the list of OECD members.

Inheritance and gift tax represented 0.7% of GDP, compared to 0.3% in Germany, 0.2% in the United Kingdom, 0.1% in the United States and even less than 0. 1% in other countries like Italy, according to François Ecalle, founder of Fipeco and former magistrate at the Court of Auditors, who published a note on the subject on Thursday.

"These rights have been reduced or even abolished in most OECD countries because voters everywhere reject this 'death tax'"

, explains François Ecalle.

France is therefore an exception.

Allowing this tax to bring in no less than 15 billion euros to the coffers of the State in 2020, of which 12.5 billion…

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Source: lefigaro

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