Inheritance tax and law
October 17, 2013
There is currently no inheritance or gift tax in China. An inheritance tax was proposed in the 1994 tax reform, but it has never been enacted. It is understood that an inheritance tax law is currently being drafted in China and it may become law in the near future.
Deed tax is imposed at progressive rates, from 3% to 5%, in the total value of land use rights or building ownership rights when transferred.